Forward prices are adjusting upwards again Tuesday morning, in spite of the wet and mild weather forecasts.
One trader in Denmark sees a few explanations as to why prices are not continuing down today. “The wet and mild prognoses should push prices further down. However, we still haven’t seen much precipitation delivered, it is only in the forecasts,” he says.“Another bullish element is the export from Norway, which can’t afford to export in the current situation.
Dienstag, 17.10.2006, 11:37 Uhr
Redaktion
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