Forward prices are strengthening after a weaker start, as the weather prognoses are showing continued drier and colder conditions than normal.
The front quarter has been traded in a EUR 52.65-54.50 range so far this morning. The contract was last seen at EUR 53.80/MWh, up 1.15 euros day on day. Players mainly attribute the rise to dry forecasts, and the quite cold outlook for the first week. Temperatures are expected to rise from the weekend, but the change to milder weather is not as apparent as expected, and is also contributing to
Dienstag, 28.10.2008, 10:43 Uhr
Redaktion
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