Prices fell at the opening due to wetter forecasts, but then the market regained strength. Players see few bearish signals in the short term, while the Q3-08 price could have a downwards potential.
The nearest week contracts have gained around two euros, while May is up EUR 1.50 at EUR 39.80."The contract for May is the key. It is very hard to say what the fundamentally correct price for May is, regarding the situation with closed-in power in southNorway," said Mattias Hellberg at Shepherd.The news that the NorNed cable could be in operation soon was a bullish signal to the
Mittwoch, 9.04.2008, 11:28 Uhr
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