Nordic power forwards are down heavily on Friday morning, with the Q4 11 contract falling to its lowest level since 30 November last year intraday, amid global economic turmoil and wet weather, players said.
The Q4 11 contract was last seen trading at EUR 48.00/MWh, down 70 cents day on day, having reached a low of EUR 47.7/MWh earlier, the lowest trade since last November. Other contracts also fell, with the 2012 price reaching a low of EUR 45.50/MWh, down 86 cents day on day and the September contract dropping EUR 1 to EUR 43.50/MWh.
"All signals down”
Freitag, 5.08.2011, 11:01 Uhr
Redaktion
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