Forward prices at Nord Pool are strengthening again this morning, based on signals from the German power market, oil prices and the carbon market. Meanwhile, the latest forecast shows that the weather could turn milder and wetter again next week.
Q2-06 is traded back and forth in a EUR 38.25-38.60 range so far this morning. A trader inSweden says that the most important input will come from the weather forecasts. “EC00 was a lot milder and wetter than the last models, and as a result, Q2-06 turned at EUR 38.60. If this forecast is not realised, and the dry trend continues, there is an upwards potential in Q2, but if we do get some
Mittwoch, 4.01.2006, 11:24 Uhr
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