The front end of the curve is softening on the back of milder forecasts. Contracts further out have strengthened, influenced by firming carbon prices.
Q3-06 is traded in a EUR 51.20-52.25 range so far this morning. “Milder weather outlooks with more wind helped push prices down at the opening, but the curve has firmed during the morning session. I assume that the rise in the carbon market has had an impact,” says one trader.Carbon prices are heading north, with December 06 allowances being traded at EUR 28.25/tonne, up 65 c
Mittwoch, 5.04.2006, 11:20 Uhr
Redaktion
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