The market experienced a correction this morning following Monday's bull run, but players remain divided regarding the sustainability of a long-term upward trend.
The Q3-08 contract was fell back to EUR 48.50/MWh, but has later reagined some lost ground and was last seen at EUR 49.00/MWh, still 35 cents below yesterday's close."The market has risen without correction for several days, and now we see an expected backlash with long positions being cashed in, on yearly products in particular. Also, oil seems to have found its peak for the moment
Dienstag, 20.05.2008, 11:38 Uhr
Redaktion
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