Continued wet forecasts are pushing the front end further down, while the year contract is following CO2 prices upwards.
Øyvind Nes at Censu Trading comments on the price curve getting steeper, as the front contract is dropping more than a euro, while the year has gained 75 cents. The year has been lifted by the CO2 market, while the front end is dominated by all the water."The hydropower producers have been trying to balance the hydrological surplus on a knife-edge in order to bring as much water as possi
Freitag, 20.07.2007, 11:14 Uhr
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