The forward market has seen a volatile start to Friday morning, due to divergent weather forecasts.
The Q1-07 contract hit EUR 52 in early trade, before dropping to EUR 49.50. One trader says the price swings are related to different solutions in the EC forecasts, with the latest EC00 prognosis showing twice as much precipitation than the previous. Even though prices are down from the top, they are still high in his opinion.“Firmer German prices are probably curbing the fa
Freitag, 24.11.2006, 11:40 Uhr
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