The front end of the curve is being traded slightly downwards Monday morning, with players describing the market as cautious. Meanwhile, the year contracts are firmer due to strong input from other markets.
The system price for Monday turned out below expectations at EUR 23.17/MWh. "The system price was a bit weak, and in addition the forecasts were somewhat wet, which gave some down signals this morning. However, the most recent weather update was drier, and consequently the Q4-07 price is back at around Friday's close," says Kjell Idar Saure at Tussa.Q4-07 has been traded between EUR 35.9
Montag, 24.09.2007, 10:46 Uhr
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