The forward market has gone back and forth so far this morning, but prices are currently above yesterday's close. Players point to an uncertain outlook for the weather as well as the Swedish nuclear power production.
The market opened firmly, with Q4-07 rising above EUR 35 in early trade. However, a wetter weather update sent prices slightly down, before the contract went up to EUR 35 again."The most recent weather forecast took the sting out of the firm market. However, the market still seems a bit strong. I think there are still some short positions out there, and there are probably players who wan
Dienstag, 28.08.2007, 12:19 Uhr
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