Nordic forwards are a touch weaker on Wednesday morning due to wetter and milder weather forecasts, players said.
The Q1 10 contract was last seen traded at EUR 37.20/MWh, down 40 cents from the previous close. "The market is falling, particularly the front. I think this is mainly due to the weather forecasts, which were somewhat milder than yesterday,” said Kjell Arne Berkvik, trader at Norwegian utility Tussa Kraft.
The latest weather outlook was also slightly wetter and the latest
Mittwoch, 11.11.2009, 11:00 Uhr
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