The trend in the Nordic forward market has been characterised by changing weather forecasts and a volatile fuel market. Nevertheless, at the current time it looks like the temperatures will get closer to normal, and the weather forecasts confirm more precipitation for the coming period. This meant that the Q3-18 contract was traded down substantially on Monday, with some of the loss being regained on Tuesday. The YR-19 contract was also influenced by a lower carbon emissions allowance price and a lower fuel complex. The contract was traded down to its lowest level for more than a month.
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November 19 2018. The coal price has dropped by more than 15 % in just one month. Monday, a ton of coal is traded at the lowest price the market has seen in five months.
Sopiva riskienhallintastrategia on kannattava sijoitus
The Nordic energy market has been climbing in the last week. Dry, cold weather forecasts combined with an uptrend in the carbon emissions allowance market have caused the prices to rise.