Forward prices are softening this morning, although in quite thin trade. The weather forecasts disagree on the development next week, with EC being very cold and dry while GFS turns wetter and milder.
Q1-06 is last traded at EUR 41.30/MWh, down 10 eurocents from yesterday. One trader says he is “fascinated” by the selling interest, considering the fundamental situation, which in his opinion is as bull as ever. “The hydrological balance has turned negative, spot prices are surprisingly strong, and the spread against Germany is higher than it has ever been. I believe t
Mittwoch, 19.10.2005, 12:02 Uhr
Redaktion
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