Nordic forward prices are falling on Friday morning due to wet weather and expectations of weak spot prices, players said.
The August contract last traded at EUR 42.60/MWh at Nasdaq OMX, down EUR 1.30 from Thursday, while the Q4 11 contract last changed hands at EUR 48.85/MWh, down 0.95. The 2012 contract last traded at EUR 46.50/MWh, down 40 cents. "The forecasts still indicate a wet summer, and German power prices and the CO2 price are correcting down from yesterday. The producers seem to think EUR 49/MWh
Freitag, 1.07.2011, 11:29 Uhr
Redaktion
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