The front end of the curve is still under pressure from the weather and a weak spot, while a weakening CO2 market is influencing the contracts further out.
Weather prognoses show more than 150 per cent of normal precipitation amounts with temperatures five-six degrees above normal in the coming 10 day period. A Norwegian trader said he is "not very bullish" at the moment. "As long as the mild and wet trend seems to continue, prices will soften further, although not at the same pace as seen last week. Given a change to colder weather, howeve
Montag, 21.01.2008, 11:10 Uhr
Redaktion
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