Despite wet forecasts and falling front contracts, the longer products head north today. All time high in Germany and strengthening CO2 prices contribute to a bull sentiment in the forward market, players comment.
The weather is the only bearish input today, players told Montel Powernews. The nearest week and month contracts have softened, while the rest of the curve is strengthening. V2-05 was traded at 289.25 NOK/MWh earlier today, but was last traded at 286.75, up 0.75 NOK from yesterday.“Every time the prices drop, someone takes the opportunity to enter a long position. I expect a bull f
Freitag, 10.06.2005, 11:48 Uhr
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