A bullish market psychology is outweighing wetter and milder weather forecasts on Thursday morning, while market activity remains subdued.
The Q3 11 contract had gained EUR 0.45 at EUR 57.05/MWh, while the YR 12 contract had risen by EUR 0.15 to EUR 52.40/MWh. The price rise occurred despite the EC 00 ensemble forecast showing 1.39 TWh precipitation for the next five days, with 166 GWh more water than previously forecast. "The market is in a bull trend, and players have an urge to buy, not wanting to go short. Price movemen
Donnerstag, 5.05.2011, 10:42 Uhr
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