Forward prices are softening Friday morning due to the weather outlook. However, the market is cautious as the forecasts are uncertain.
Q2-08 was last seen at EUR 29.40 (-0.35), while Q3-08 has dropped 1.15 euros to last trade at EUR 33.60."The front end is being pushed down by the weather outlook, which will improve the hydrological balance further and put additional pressure on the hydropower producers in southNorway," one player commented.The weather forecasts are mainly wetter and milder than normal, but there
Freitag, 28.03.2008, 11:24 Uhr
Redaktion
© 2024 Energie & Management GmbH