(Heren Energy) - Day-ahead began strong at Zeebrugge and then softened in the afternoon, following the NBP. With recent volatility on the NBP market and general uncertainty about when the Belgium-UK Interconnector would flip into reverse flows, players preferred to deal on the basis to the NBP as opposed to dealing on the outright.
One player suggested that forward flows on the Interconnector cannot be sustained should the Day-ahead hit the 34.00 p/th level but added “stranger things have happened.”Large volumes went through in the Day-ahead at –0.30 p/th. Working-Days-next-week locked in at the same basis level though it also traded on the outright at 33.50 p/th. Balance-of-month went through bet
Donnerstag, 6.11.2003, 09:57 Uhr
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