Detecting a trend in the forward curve at Nord Pool is very difficult at the moment, with slow trading activity and thin liquidity, traders said. A bearish front quarter is offset by sideway movements on the long end.
Some attempts to lift the front quarter were made in the morning session, with the Q4 contract grazing 64.75/MWh, only to plummet to EUR 63.25/MWh. Meanwhile, YR-09 appears to have settled within a comfortable range below the EUR 60 level.Frank Evensen from Quality Energy Brokers commented the lack of new input compared to yesterday, saying it was difficult to see a trend. "There are big
Dienstag, 29.07.2008, 10:56 Uhr
Redaktion
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