Very dry forecasts are lifting the front end of the Nordic power curve considerably Friday morning. Spot price developments in the southern Norway price area is the key element, players said.
The nearest contracts have been lifted 1-2 euros from yesterday's settlement, while the contracts further out are showing small gains as fuel markets remain strong."The market is being lifted by weather and fuels. The latest forecasts are very dry, and there are no signs that the sharp rise for fuel prices is about to stop," one trader based in northernNorway said.The Q3-08 c
Freitag, 23.05.2008, 11:19 Uhr
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