The Nordic market is softening further Wednesday morning. One main factor is that weather forecasts are confirming a wetter start and a milder end of the 10 day period. Furthermore, players point to weakening markets for fuels and CO2.
Q1-08 fell to EUR 54.65 in early trade, and was last seen at EUR 55.05. One trader said there were few things to trade the market up on. "Forecasts show more precipitation in the first five days, and a strengthening trend towards milder conditions at the end of next week. The resource situation will improve with this outlook," he said.In the past month, it has paid off to buy Q1-0
Mittwoch, 28.11.2007, 11:40 Uhr
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