Prices are heading north Friday morning. The weather forecasts show increasing precipitation and temperatures next week, but market players doubt that it is enough to push the forward prices down.
“We have seen a repricing of the entire curve after Christmas. The first day, prices shot up, before adjusting down again. Now we are approaching the top levels again. There seems to be a general view that it is reasonable to raise the curve, regarding what is happening around us,” says one trader, pointing to German power prices in particular. Today, the German market is firming ag
Freitag, 6.01.2006, 11:31 Uhr
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