The Q4-07 contract has been traded down at EUR 34.95/MWh this morning, the lowest trade on the contract since 12 March.
Today's weather forecasts are slightly drier than yesterday, but there are no signs of a stable high pressure over Scandinavia, and therefore prices are continuing down. "The market is water damaged, and CO2 is also showing a weak development," said Gunnar Aronsen at Trønder Energi."I think we will see the Q4 down at EUR 31-32, which will be a more probable delivery price. But technical
Dienstag, 24.07.2007, 10:58 Uhr
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