The front curve continued a heavy slide this morning. Signals of steady wet weather along with rising temperatures and a bearish market mentality look likely to maintain the southbound trend for some time.
Precipitation is way above normal, at some 150 per cent, while the drop in temperatures was briefer than expected. With no sign of colder or drier conditions, the front quarter looks likely to remain well below EUR 30.A Danish trader commented on the dramatic fall on the front curve. "The market is driving itself. The gap between Q2 and Year-09 is so huge that the contracts further on th
Dienstag, 4.03.2008, 12:09 Uhr
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