A change in the weather forecasts sparked a correction to the market this morning and most contracts are down quite heavily from yesterday.
The 10-day forecasts are uniformly wetter and milder than yesterday’s, giving players a reason to sell the market down, traders told Montel Powernews this morning.The benchmark Q1-06 contract is down 85 cents with a last trade at EUR 40.05/MWh. Furthermore, January is down 90 cents at 41.45 while Year 06 has lost almost half a euro, trading last at 36.60.Range market
Mittwoch, 14.12.2005, 11:37 Uhr
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