Several factors are pointing downwards Monday morning, and forward prices have dropped around three euros from Friday. The contract for fourth quarter has lost EUR 3.15 to last change hands at EUR 65.85/MWh, while Q1-07 is down EUR 3.50 to EUR 68.50/MWh.
“Prices are falling quite sharply this morning. The long end of the curve is down mainly due to falling prices for oil and carbon, while the short end is down based on wetter forecasts and expectations of an improved balance,” says one Norwegian trader.In addition, Monday’s system price at EUR 64.02/MWh was in his opinion a little softer than market players estimated be
Montag, 25.09.2006, 11:05 Uhr
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