The forward market is turning south again, driven by the weather outlook and CO2 prices.
The weather prognoses are still mainly dominated by low pressure activity, which is affecting the front end of the curve. Contracts further out are influenced by falling prices in the CO2 market. Carbon allowances for December 2008 delivery were last traded at EUR 18.20/tonne at the ECX, down 61 cents day on day."Falling CO2 prices are pulling the Nordic contracts down. It is not obvious
Dienstag, 17.07.2007, 11:33 Uhr
Redaktion
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