Slightly wetter and milder forecasts contribute to softening forward prices this morning. However, players still fear high prices this winter, and prices are only moderately down from yesterday.
"The market opened down on milder and wetter prognoses, but the sellers aren’t too eager. One reason is that the German market is still quite firm. In addition, the forecasts are uncertain and volatile at the end, and the result is a cautious market," one trader says. While continental power prices are limiting the downside, the spot prices are making it hard to lift the forward cu
Freitag, 9.12.2005, 11:45 Uhr
Redaktion
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