Nordic forward prices are weakening on Friday morning on the back of wet weather forecasts and bearish economic signals from international markets, players said.
The Q4 contract last traded at EUR 48.35/MWh at Nord Pool, down EUR 0.50 from Thursday, while the 2011 contract last traded at EUR 44.70/MWh, down 20 cents. "The market is very quiet and the front has been brought down by wetter weather forecasts,” said a Norwegian trader.
"There are bearish signals from international financial markets. This, together with wetter forecasts, ha
Freitag, 2.07.2010, 14:46 Uhr
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