Nordic front forward contracts are falling on Monday morning on the back of wet and mild weather forecasts.
The April contract last traded at EUR 28.00/MWh on Nasdaq OMX, down EUR 0.93, while the Q2 12 contract last changed hands at EUR 28.90/MWh, down EUR 0.85, in thin trade. "The front is falling because the trend of wet and mild forecasts is intact and reservoir levels are high, but I'm a bit surprised by the scale of the price fall this morning,” Poul-Erik Ivraeus, trader at Danish E
Montag, 19.03.2012, 11:48 Uhr
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