A drier and colder weather outlook is lifting short-term price expectations, while the long end of the curve is weakening along with oil.
The front weeks and months have gained more than a euro from yesterday's close, while the year contract for 2009 is down 40 cents. The bellwether contract Q1-09 was last seen at EUR 57.30/MWh, up 45 cents day on day."The front end has been lifted due to drier and colder forecasts, while weaker oil, carbon and stock exchanges are influencing the long contracts," said Henning Nymann a
Mittwoch, 22.10.2008, 11:10 Uhr
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