The bellwether Q2-09 contract had shed 70 cents at EUR 30.00/MWh at the time of writing, while the front year had lost EUR 1.00 at EUR 29.90/MWh."The recent upward movement was a pure correction in my view. Some profit taking started on Wednesday. Any real uptrend needs support from a joint rise in other markets: stronger equities, coal and oil, as well as more positive news from China,”...