Front end prices jumped Wednesday morning, on the back of quite dry and cold forecasts combined with very thin liquidity.
Q2-08 was lifted to EUR 31.80/MWh this morning, breaking the top of the recent range of EUR 31.55. The contract was last seen at EUR 31.55 (+1.40). Q3-08 has gained 90 cents to EUR 38 last.Mattias Hellberg at Shepherd commented that the market is very illiquid. "The market is very thin, as many players are having the day off, and so it is easy to move prices. Someone is probably taking t
Mittwoch, 19.03.2008, 10:55 Uhr
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