Prices have weakened considerably on Wednesday morning following wetter forecasts and tumbling oil prices.
The largest losses are in the front end of the curve, and are mainly the result of wet and warm weather prognoses. The June contract has dropped 2.35 euros to a last trade of EUR 36.75, which is more than five euros lower than it was traded on Monday. Q3-08 was last seen at EUR 48.60, down 2.15 euros from yesterday. According to the market players, the development in the front end is ext
Mittwoch, 28.05.2008, 11:27 Uhr
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