Last week was characterised by very moderate price fluctuations in the Nordic energy market. Overall, the week ended largely at the same price level as it started, both with regard to the short-term and long-term contracts. Following a strong start, the allowance market fell towards the end of the week, and the market also received some mixed signals from the weather forecasts. On Monday, the Q3-19 contract closed at EUR 41.90/MWh, exactly the same price as the previous week, while the YR-20 contract has fallen slightly, dropping by EUR 0.45/MWh and ending at a closing price of EUR 36.50/MWh on Monday.
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August 16, 2019. Production is rising on the coal market, which is also heavily affected by the US-China trade war. The already very low prices could be on the verge of falling further.
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The latest period has been characterised by a major price fall in the fuel markets. Last week, both oil and gas prices fell to their lowest price levels for several months.