Front end prices are being lifted on Wednesday morning as weather forecasts turn colder. Meanwhile, the long end of the curve is being pushed down by the weak oil market.
The front quarter opened at EUR 54.75/MWh, before climbing above EUR 56. The contract was last seen at EUR 56.10/MWh, up 60 cents from Tuesday's close.Market players attributed the rise mainly to colder forecasts. "There are no dramatic changes, we are just entering the winter. Temperatures are currently above normal, and are expected to drop to and eventually below normal during th
Mittwoch, 12.11.2008, 11:02 Uhr
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