The market has strengthened from yesterday’s close, although the traded volumes have been low so far. Players express uncertainty as to where prices will go from here, after the large correction seen in the last week.
Q2-06 is traded in a EUR 49.10-50.25 range so far, last changing hands at 50.02, up 37 cents.“In my opinion, it is risky to get too bearish. The spot has come down, and the weather is getting milder. However, we might be fooled by the low spot prices in Germany and Denmark, which could be only temporary,” says one trader in Sweden.The system has shown how sensitive it
Dienstag, 28.03.2006, 11:36 Uhr
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