Nordic power prices seemed to head further down in early trade, but have strengthened during the morning. Q1-06 has gained to EUR 39.85/MWh, after being traded at 39.10 earlier today.
“The market is reacting to yesterday’s plunge, which is only natural after such a large movement. Right now, signals from other markets are also contributing to higher prices,” one trader says, pointing at both German power prices and the carbon market, which are strengthening after a soft morning. “Fundamentally, the Nordic market is priced too low, considering
Freitag, 21.10.2005, 11:35 Uhr
Redaktion
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