Wetter and milder forecasts are weighing down the front end of the curve this morning, while strong input from oil, coal and German power is keeping year prices up.
The Q2-08 contract has dropped from EUR 42.50 at the opening to EUR 41.40/MWh (-1.19). Players attribute the fall to the weather outlook, as today's forecasts are wetter than yesterday's. Moreover, temperatures will only drop slightly on Thursday and Friday, before heading above normal again. "The upside is shrinking as the cold is absent from the prognoses, and it is as I see
Dienstag, 12.02.2008, 11:32 Uhr
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