Prices are jumping on indications of drier weather. We need large amounts of rain to avoid a critical situation, players say.
The latest EC update was significantly drier than the other forecasts, and shows almost no precipitation at the end of the ten day period. The contract for the fourth quarter soared past EUR 61, after being traded at 60.20 at opening.“The market has been prepared for a wet period, at least with normal amounts of rain, but the latest forecast is drier than normal, which surprised th
Freitag, 28.07.2006, 11:27 Uhr
Redaktion
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