The downward movements continue this morning, sparked by very wet forecasts. Players also point at falling CO2 prices and more bearish technical signals as reasons for the drop.
The V2-05 contract is heading towards the technical support levels around 300 NOK/MWh today, trading last at 301.50, representing a 12.50 NOK slide since yesterday morning. “We are hitting a rather strong technical support level at 300 now. If it breaks through, we could see more downside,” says a Danish trader.Front overpriced?He believes that a k
Dienstag, 16.08.2005, 11:07 Uhr
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