Prices are climbing again after yesterday's huge falls, with players pointing to quite dry weather forecasts and a rebound in oil prices.
The large price swings are continuing in the front end, with the front quarter being traded in a EUR 47.70-49.75 range so far this morning. The contract was last seen at EUR 49.25, up 2.08 euros from yesterday's close. "Prices fell dramatically yesterday, and are rising sharply today. Quite a lot of players exited their long positions yesterday, and perhaps entered short positions.
Donnerstag, 29.05.2008, 12:17 Uhr
Redaktion
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