Prices are strengthening from Friday's close, mainly due to drier outlooks for the end of the 10 day period.
Q4-07 has been traded in a EUR 36.00-36.95 range so far this morning. "The weather forecasts are drier, although the first half of the 10 day period is still very wet. In addition, the system price turned out a touch higher than expected, and is contributing to a bit firmer forward prices," one Oslo based trader says.The price rise for Q4-07 is not very surprising in his opinion as there
Montag, 13.08.2007, 10:58 Uhr
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