Forward prices have dwindled during the morning, after a firm opening. Wetter forecasts are cited as the main reason, but the market is still described as very nervous.
The latest weather update shows that the high pressure will weaken at the end of the period. Q4-06 has dropped from EUR 76 in early trade to currently around 71.50.Since 15 August, the market has been crazy, with price swings of around EUR 6 a day on average, Preben Olsen at Fjordkraft comments. “The market is nervous, and very sensitive to changes in the weather forecasts. Still,
Mittwoch, 6.09.2006, 11:30 Uhr
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