The forward curve keeps getting steeper as soaking wet forecasts are pushing front prices further down, while firmer carbon prices are lifting the years.
The wet outlook is limiting the upside potential for the front contracts, one trader says. “The weather forecasts are still very wet, and I see a further potential down for the front contracts. The Q3-07 price is a few euros above most price prognoses, and I expect it to slide gradually,” he says.Another trader also sees few upsignals in the front. “It is the same proce
Freitag, 18.05.2007, 10:54 Uhr
Redaktion
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