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Energie & Management > Commentary - Nordic Market - Rising as players cover short positions
Commentary

Nordic Market - Rising as players cover short positions

Nordic forward prices are working their way up on Friday morning, as traders are closing short positions, players said.
The Q2 09 contract last traded at EUR 36.45/MWh at Nord Pool, up 70 cents from Thursday. After three consecutive days of price falls, traders were closing positions they had taken earlier in the week, and making the market shift upwards, according to players Montel Powernews spoke to. Continuous dry and cold forecasts were also supporting the near-end of the c

Freitag, 13.02.2009, 11:52 Uhr
Redaktion
Energie & Management > Commentary - Nordic Market - Rising as players cover short positions
Commentary
Nordic Market - Rising as players cover short positions
Nordic forward prices are working their way up on Friday morning, as traders are closing short positions, players said.
The Q2 09 contract last traded at EUR 36.45/MWh at Nord Pool, up 70 cents from Thursday. After three consecutive days of price falls, traders were closing positions they had taken earlier in the week, and making the market shift upwards, according to players Montel Powernews spoke to. Continuous dry and cold forecasts were also supporting the near-end of the c

Freitag, 13.02.2009, 11:52 Uhr
Redaktion

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