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Commentary

Nordic Market - Wet but strong

Forward contracts are being traded back and forth around Friday's settlement. Weather forecasts are still wet, and German power prices as well as the CO2 market are easing off.
The Q4-07 contract opened down, before being lifted above Friday's close. "There is quite a lot of buy interest in the Q4 contract, and some players are gambling on high prices this autumn. It seems like the quarterly price could continue rising," one Norwegian trader says.The trader comments that it will be interesting to see what happens to the system price in the coming weeks, as cons
Montag, 2.07.2007, 11:02 Uhr
Redaktion
© 2024 Energie & Management GmbH
Energie & Management > Commentary - Nordic Market - Wet but strong
zurück
Commentary
Nordic Market - Wet but strong
Forward contracts are being traded back and forth around Friday's settlement. Weather forecasts are still wet, and German power prices as well as the CO2 market are easing off.
The Q4-07 contract opened down, before being lifted above Friday's close. "There is quite a lot of buy interest in the Q4 contract, and some players are gambling on high prices this autumn. It seems like the quarterly price could continue rising," one Norwegian trader says.The trader comments that it will be interesting to see what happens to the system price in the coming weeks, as cons
Montag, 2.07.2007, 11:02 Uhr
Redaktion
© 2024 Energie & Management GmbH

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