Nordic power contracts are sliding on Monday morning on the back of forecasts for wetter weather and milder temperatures, traders said.
The bellwether Q2 contract was last seen 10 cents down at EUR 50/MWh, whereas February was 40 cents lower at EUR 56.60/MWh. "The weather is very important now, there is a lot of precipitation coming and milder temperatures for the rest of the week. The forecasts are fairly uniform, although the quantity and timing of precipitation vary slightly,” a Swedish trader said. Next week th
Montag, 31.01.2011, 11:39 Uhr
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