Colder and drier weather forecasts are pushing prices up Monday morning. However, the prognoses are fluctuating a lot, and the market is cautious.
Q1-08 opened at EUR 55.50, climbed to EUR 56.55, and was last traded at EUR 56.30."The market is mainly weather driven today. Forecasts were a bit milder and wetter during the weekend, but were colder this morning. However, the market is quiet so far. The weather outlook is very uncertain, and the market wants some confirmation before lifting prices higher," one Norwegian trader said.
Montag, 26.11.2007, 11:31 Uhr
Redaktion
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