Forward prices opened above yesterday’s settlements on drier weather forecasts this morning. However, German prices opened down and so did CO2, which made Nordic prices turn south again.
Activity has been low so far today at Nord Pool, with only 458 GWh traded at 11:15h. “I think many were eager to trade when the early forecasts looked drier. But soon interest faded and many left their positions which helped weaken prices again,” says a broker.The broker argues that the forward contracts are priced too low at this point but that there is also a wide ga
Freitag, 23.09.2005, 11:33 Uhr
Redaktion
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