The front end is softening as forecasts indicate wetter weather at the end of next week. Meanwhile, the year contracts are influenced by a strong German market.
Q3-08 was last seen at EUR 50.65/MWh (-1.20), after having traded at EUR 51.60 earlier this morning."The front quarter is weakening, mainly due to indications of some precipitation at the end of the 10 day period. The contract has been lifted quite a lot recently, after a dry period. However, I am not very bullish for the front end," oneOslo based trader said. Yesterday, the quart
Dienstag, 27.05.2008, 11:59 Uhr
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