A disappointing spot price and wetter forecasts sent forward prices down this morning. The market has later increased past Friday’s settlement, mainly due to a dry and cold EC run.
Q1-06 was traded at EUR 41.05 earlier this morning, but the contract last changed hands at EUR 41.65/MWh, up 0.13 EUR from Friday. One market player sees a further potential upwards in the forward market."The spot was lower than expected, and the weather forecasts looked somewhat bearish. However, when analysing the system price, we conclude that it could strengthen significantly for tom
Montag, 17.10.2005, 11:41 Uhr
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