The forward market is softening further Friday morning, and Q4-07 is being traded at the lowest level since August 2005.
Q4-07 was last traded at EUR 34.40/MWh, down 45 cents day on day. Market players see a further potential on the downside. "Reservoirs are full and the hydrological balance is improving. As a consequence, the price expectations for Q4-07 are being adjusted downwards," one trader says.He expects the fourth quarter to be pushed down more than the year 2008 contracts, and that the cur
Freitag, 17.08.2007, 11:15 Uhr
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