Wetter and warmer forecasts are weighing down the front end of the curve this morning. The year contracts are also softening despite record high fuel prices.
The contract for May was last seen at EUR 33.60, down 80 cents day on day, while Q3-08 has dropped 75 cents to EUR 36.70 last.Players attributed the fall mainly to wetter forecasts. Today's 10 day prognoses show between 150 and 200 per cent of normal amounts, with temperatures a few degrees above normal."The trend and technical momentum is down, and the system price has been
Mittwoch, 23.04.2008, 10:52 Uhr
Redaktion
© 2024 Energie & Management GmbH