Nordic power forwards continue to fluctuate along with signals from the stock market, and there is no sign of an end to the downtrend, traders said on Tuesday morning.
The pace-setting front quarter opened strongly, trading high as a resistance of EUR 46/MWh, but soon lost its momentum dropping to 44.10. The contract was last noted at EUR 44.40/MWh, up EUR 1.15 on Monday's settlement.
Antti Kokkonen from Finnish portfolio manager Energiakolmio believed the market was looking towards European and US equities, which strengthened following the a
Dienstag, 25.11.2008, 10:57 Uhr
Redaktion
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