Drier forecasts are pushing the forward market upwards again Tuesday morning. The market is still nervous, and prices will most likely continue going back and forth, players say.
The Q4-06 contract opened at EUR 67.00, but firmed quickly and reached a temporary peak at EUR 70.00. While yesterday’s forecasts were mixed, today’s outlook is mostly normal or drier than normal, which one analyst cites as the main reason why prices are rising. “In addition, the Nord Pool forward prices fell towards the corresponding EEX base prices, and it probably ha
Dienstag, 12.09.2006, 11:09 Uhr
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