Nordic forwards are climbing further on Wednesday morning on the back of cold and dry forecasts and the market is approaching "uncharted territory”, traders said.
The Q1-11 contract had climbed EUR 1.69 day on day to an all-time high of EUR 60.39/MWh. Meanwhile, the week 47 contract had gained EUR 1.75 to EUR 61.50/MWh, while the contract for December delivery had risen by EUR 1.85 to EUR 60.00/MWh. The YR-11 contract had increased EUR 0.75 at EUR 50.45/MWh.
Exceptionally cold and dry weather forecasts combined with a hydrological de
Mittwoch, 17.11.2010, 11:00 Uhr
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