After falling strongly for several months, the Q1-07 contract will probably range between 38 and 42 euros until delivery, one trader said this morning.
Prices are up across the board this morning, partly on the back of drier and less wet outlooks for next week, but probably more so because players with short positions are limiting their exposure before the Christmas and New Year holiday, a Swedish trader said.The Q1-07 contract was traded up to EUR 40.75/MWh this morning and was last seen at 40.30 (+0.60). Since peaking at EUR 85.30/MWh
Dienstag, 12.12.2006, 10:41 Uhr
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