There are no clear bull signals today, but forward prices are still up around 30 cents from yesterday’s settlement. The hydrological deficit of around 15 TWh is forcing the market up, market players comment.
“There are no evident bull signals this morning, as the weather is rather unchanged, and oil prices came off yesterday. In my opinion, prices are increasing because the market is still fundamentally underpriced, bearing in mind the German price level and the resource situation,” says one trader, adding that the market is reacting more to bullish than bearish signals.He emphas
Donnerstag, 9.03.2006, 10:56 Uhr
Redaktion
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