The forwards are continuing to climb towards new highs, and the Year 05 contract has levelled its top of 279.50 this morning. The V2-04 contract has peaked at 308.50.
Market players believe that stronger spot prices ahead should pave the way for more upside. – It looks as if we are gradually working towards higher levels, and the market expects spot prices to increase in the coming days and weeks, an international trader held.Repetition of last yearA Swedish trader was of a similar opinion, foreseeing a scenario not very dif
Mittwoch, 11.08.2004, 13:58 Uhr
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