Front-curve Nordic power forwards are extending falls on Wednesday morning amid a surge of bearish fundamental and technical signals.
The Q3 11 contract was last seen down EUR 0.65 day on day at EUR 46.35/MWh on the back of wet weather input and is at the lowest level since early December, having shed roughly EUR 10 in five weeks. The latest weather forecasts are slightly drier than lately, but still show around 8-9 TWh of precipitation in the next 10 days compared to a seasonal norm of 5.7 TWh. "The front is falling o
Mittwoch, 22.06.2011, 11:12 Uhr
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