The entire market has been lifted considerably Tuesday morning on the back of drier forecasts and unstoppable coal prices.
The August contract has risen 4.10 euros to EUR 58 last, while the new front quarter, Q4-08, has gained 2.25 euros to EUR 75.60/MWh. YR-09 is up 1.25 euros at EUR 69.50.Market players say the strong rise is justified. "The entire curve is strengthening this morning, helped by the weather outlook and fuel prices," one Danish trader said. He assumed there is a potential for lifting the fro
Dienstag, 1.07.2008, 11:30 Uhr
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