Nordic forward prices are strengthening on Tuesday morning on back of a stronger fuel complex, stronger than expected spot prices and a possible change to drier weather, players said.
The Q4 11 contract last traded at EUR 50.95/MWh at Nasdaq OMX, up EUR 1.05 from Monday, while the 2012 contract last changed hands at EUR 47.75/MWh, up 0.60. "The coal price is strengthening, at the same time as we see a stronger dollar. The global economic outlook does not look that gloomy either,” a Norwegian trader said.
The German power market had also strengthene
Dienstag, 5.07.2011, 11:27 Uhr
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