While the front end of the curve is being kept down by a low spot and wetter forecasts for next week, Year 08 is following a bullish CO2 market up.
The Q3-07 contract is down 25 cents at EUR 25.60, with players pointing at wetter forecasts for next week and a low spot price as the main reasons.However, a Norwegian trader doubted that the price would drop any further today. “The Q3 faces technical support at the 25.50 level and I doubt it will move beyond this level today,” he said.Lower spot prices ahead will be a
Montag, 30.04.2007, 11:53 Uhr
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