Nordic forward prices are strengthening on Monday morning, with forecasts of drier weather conditions, players said.
The Q2 09 contract last traded at EUR 38.20/MWh at Nord Pool, up EUR 2.45 from Friday.
"Forecasts of drier weather, possibly for the next three weeks, are pushing prices up,” said a Norway-based trader. Players said a stronger fuel complex supported the rise as well, but the weather was undeniably the main price driving factor on Monday.
Montag, 26.01.2009, 12:07 Uhr
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