Despite high spot prices and dry weather forecasts, forward prices are heading down in the Nordic market this morning.
The Q1-08 contract opened at EUR 55.65/MWh, but has later adjusted down and was last seen at EUR 55.25/MWh.One London-based trader attributed today's movements to fear and softer fuel prices."It's s a bit strange right now. Today's spot price is the highest we have had for a long time and the weather forecast is dry in nine out of ten days. Still prices are coming down. I think many play
Donnerstag, 15.11.2007, 11:16 Uhr
Redaktion
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