The market has traded down a few notches this morning on slightly milder weather forecasts. Volumes have so far been modest and trading is described as quiet.
According to a Swedish broker, the market is correctly priced at the moment, considering the slightly milder forecasts and the worsened hydrological balance. He also describes a great uncertainty in the market right now, arguing both for a strong upside and a strong down side for the summer contract, depending on what the longer weather trend will be this spring. “If we get continu
Montag, 7.03.2005, 11:50 Uhr
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