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Energie & Management > Commentary - Nordic Market - Mixed morning
Commentary

Nordic Market - Mixed morning

The picture is mixed Tuesday morning, with rising prices for the front months and quarters, while the nearest weeks are easing off. The long end of the curve started the day softly, but has firmed during the morning.
Q2-08 opened at EUR 48.60, but was lifted to EUR 49.35 in early trade. The contract was last seen at EUR 49.25. Meanwhile, YR-09 was lifted from EUR 53.40 to 53.85 during the morning, before easing off to EUR 53.75 last.A trader inOslo attributed the rise to a strong coal market. "Coal prices are the main driver as I see it. They have moved a lot during the past weeks, with the year cont

Dienstag, 8.01.2008, 11:30 Uhr
Redaktion
Energie & Management > Commentary - Nordic Market - Mixed morning
Commentary
Nordic Market - Mixed morning
The picture is mixed Tuesday morning, with rising prices for the front months and quarters, while the nearest weeks are easing off. The long end of the curve started the day softly, but has firmed during the morning.
Q2-08 opened at EUR 48.60, but was lifted to EUR 49.35 in early trade. The contract was last seen at EUR 49.25. Meanwhile, YR-09 was lifted from EUR 53.40 to 53.85 during the morning, before easing off to EUR 53.75 last.A trader inOslo attributed the rise to a strong coal market. "Coal prices are the main driver as I see it. They have moved a lot during the past weeks, with the year cont

Dienstag, 8.01.2008, 11:30 Uhr
Redaktion

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