Prices are coming off across the board this morning, with the front contracts being traded down more than a euro from yesterday's close. Players point to the weather as well as weak input from other markets.
The fall is mainly due to more bearish weather forecasts, one continental trader commented. "Forecasts are wetter and milder, and the cold outlook for next week seen in previous prognoses is not there today. In addition, CO2 prices are decreasing," he said.Meanwhile, Erik Helseth at Tafjord Kraft did not see any significant changes in the weather outlook. "The picture is quite unchanged,
Donnerstag, 6.12.2007, 11:44 Uhr
Redaktion
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