Nordic forwards are softening on Monday morning on the back of weaker fuels, with a further downside likely for the long end of the curve, traders said.
The benchmark front quarter last changed hands at EUR 34.90/MWh, down EUR 0.15 from the previous settlement. Meanwhile, the year ahead was seen at EUR 38.45/MWh, down EUR 0.25 on the last close.
"It's extremely wet, but a firm spot limits the downside for Q3, which is quite fairly priced, but hard to predict. The negative premium between the front and the spot cannot grow t
Montag, 15.06.2009, 10:35 Uhr
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