Nordic power forwards are falling on Monday morning on the back of wet weather forecasts, with the Q3 11 contract trading at lows last seen in early March.
The front quarter was last seen down EUR 0.95 from the previous close at EUR 51.95/MWh, a level not seen since early March.
Meanwhile, the 2012 contract had shed EUR 0.43 at EUR 50.65/MWh. Monday's system price at EUR 51.59/MWh was lower than market expectations, and triggered a negative mood in the market, compounded by wetter-than average weather forecasts, a Norwegi
Montag, 6.06.2011, 10:54 Uhr
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