The Nordic market is showing strength on Monday morning, but trading activity is reported to be thin. V2-05 has surged past 300 NOK/MWh, up 9 NOK from Friday.
“The market seems quite nervous, and prices are jumping back and forth in thin trade. Although the spot is somewhat weak, drier weather forecasts are contributing to firm prices in the front. The long end of the curve is more influenced by German power prices and CO2,” a trader says.There are currently few down signals in the V2-05 contract, he argues, adding that it would no
Montag, 25.07.2005, 11:38 Uhr
Redaktion
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