Nordic forward prices are correcting down on Tuesday morning on the back of cheaper oil, players said.
The Q2-09 contract last traded at EUR 34.40/MWh at Nord Pool, which was the same as Monday's settlement. Earlier on Tuesday morning it had traded as low as EUR 33.85/MWh. Further out, the year 2010 contract was down 25 cents, at EUR 36.20/MWh.
"A breather at this point is only natural,” said Dagfinn Eikseth, trader at Norwegian supplier Ishavskraft.
Dienstag, 24.03.2009, 11:07 Uhr
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