Prices are dropping for the second day in a row in the Nordic market, and one player explains the movements by a diminishing fear of cold weather.
Today’s weather forecasts were a bit wetter and milder than yesterday’s, which may be the main reason why prices are continuing down this morning, players say.“For every day we have quite mild forecasts, players fear of a very cold winter is diminishing and the risk premium in the forward contracts decreases,” a Danish trader said.“However, the hydrol
Dienstag, 24.01.2006, 10:44 Uhr
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