Nordic forwards are softening on Tuesday morning on the back of weaker fuel market developments, with dry weather having a limited impact.
The May 2011 contract had risen by EUR 0.20 to EUR 54.50/MWh, while the Q3 11 contract had shed EUR 0.28 at EUR 55.50/MWh. Meanwhile, the contract for 2012 delivery had lost EUR 0.50 at EUR 50.25/MWh. "Fuels are bearish, and German power dropped after the Nordic market closed on Monday, weighing on the back end, while dry weather limits the price fall on the front,” Tom Erik Olsen, trad
Dienstag, 19.04.2011, 10:39 Uhr
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