The Nordic forward prices are slightly up this morning on the back of strong German prices and high CO2 prices. However, the front contracts are greatly influenced by the uncertain weather development and most of these contracts are down this morning.
“The price development of the front products seem reasonable. They reflect a high degree of uncertainty regarding the weather development. If it gets cold, thermal production will be launched and prices will increase, if not, prices will go down. Hence, prices are somewhere in between,” comments a Norwegian trader. He argues that the most plausible scenario is that the temp
Freitag, 2.12.2005, 11:46 Uhr
Redaktion
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