The front end remains soft Friday morning on the back of the weather outlook, while the contracts further out on the curve are strengthening.
The YR-09 contract was lifted to an all time high of EUR 52.75 this morning. The rise is mainly attributed to the strong fuel complex."The YR-09 price is at the previous peak level, but I don't really see why next year should be priced five euro above today's spot price. I think we need some new input to push the price further up," said one trader, arguing that forward prices f
Freitag, 4.01.2008, 11:18 Uhr
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