The market strengthened this morning, following movements in the German power market and CO2 market. Meanwhile, the last EC prognosis was wetter at the end of the period, and has contributed to push prices down again.
“The weather forecasts are uncertain. One prognosis is dry at the end of the period, but the meteorologists do not expect a dry ending. I think we will get confirmations of a wetter trend, and that the market could end in red today,” says one trader.Hopefully the precipitation forecasts will be realised, and result in an improvement of the hydrological balance, he continues.
Donnerstag, 27.07.2006, 11:22 Uhr
Redaktion
© 2024 Energie & Management GmbH