Nordic forward prices are firming on Friday morning but continuing wet, mild forecasts are still adding a downside risk.
The January contract last traded at EUR 36.50/MWh on the Nasdaq OMX, up EUR 0.30 from Thursday, while the Q1 12 contact last changed hands at EUR 37.50/MWh, up EUR 0.35 in very thin trade. "The market is moving slightly upwards today, and this might be some short-covering as we saw Thursday. But volumes are very low, so it is easy to move the market,” Frank Evensen, broker at QEB said.
Freitag, 23.12.2011, 10:53 Uhr
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