Nordic forward prices are falling on Wednesday morning due to wet and mild weather forecasts, traders said.
The November contract last changed hands at EUR 48.80/MWh, down EUR 0.65, while the Q1 11 contract last traded at EUR 49.30/MWh at Nord Pool, down EUR 0.55 from Tuesday. "The fall is a natural reaction to the wet forecasts in the last couple of days. The market is weak technically and relatively weak fundamentally. In addition the spot prices have not been as strong as expected,” said a
Mittwoch, 27.10.2010, 11:09 Uhr
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