The Nordic market opened slightly up this morning with the bellwether V2-05 touching 296 NOK/MWh before turning south. During the morning hours, prices have continued to weaken somewhat.
The situation is described as follows by players spoken to today: Strong carbon and fuel prices as well as high power prices in Germany strengthens the upside in the Nordic forward market. Wetter weather forecasts helps push prices down a notch. “I have no idea why prices have softened again. Perhaps somebody pushed the sell button?” an international trader says and continues
Dienstag, 10.05.2005, 11:52 Uhr
Redaktion
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