Summer-05 is moving downwards Thursday morning, following sideways movements the last few days. With CO2 prices easing off, the market is finally pricing in the wetter forecasts.
“Even though prognoses have been wet the last week, the prices have been climbing, and in that way eliminating the correlation between hydrological balance and the summer price. This is due to the focus on CO2 prices, which is fair enough. But I think it is wrong”, says Lars Aadnesen, trader at WarrenWicklund Electricity. “In the beginning of March, when resources were
Donnerstag, 7.04.2005, 11:23 Uhr
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