Prices are jumping Friday morning as the weather could turn colder at the end of next week. Forward contracts have gained EUR 1.00-1.50 from Thursday’s close.
As expected, a change in the weather outlook pushed prices up. The question now is how credible the forecast is, says Pål Johannesen at Fjordkraft.“The market was panicky this morning, and is adjusting down again now. Many players are short and want to buy, but the hydrological resources are very good, and it will take a while before they start worsening. However, the forecast is a
Freitag, 12.01.2007, 11:23 Uhr
Redaktion
© 2024 Energie & Management GmbH