Price movements are mixed Friday morning. Q3-07 is continuing down from yesterday’s close, while the front and the year contracts are unchanged to slightly up.
Roger Lie at Hafslund thinks the market is overrated. “Forecasts show some more precipitation in the coming period, which means the hydrological balance could improve again. With prospects of around 15 TWh in surplus, it seems strange that the market price is at a level where coal power is competitive,” says Lie. The Q3-07 price must go further down in order to outcompete the coal p
Freitag, 8.06.2007, 11:20 Uhr
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