A change to milder weather at the end of the ten day period seems increasingly likely, prompting a downward direction in the Nordic market this morning. The market has been very volatile though.
One trader comments on the large intraday movements, with Q2-06 being traded in a range of more than a euro so far today. The contract traded at EUR 53/MWh early this morning, fell to 52.20 before climbing to 53.25. Last trade was done at 52.80, down 90 cents from yesterday.“It is mainly the weather that pushes prices down. The forecasts show a milder development, which was expecte
Freitag, 17.03.2006, 11:14 Uhr
Redaktion
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