The Q3-07 contract is taking a breather after the sharp fall, while year 2008 is easing off further.
Q3-07 was last seen at EUR 22.95/MWh, five cents below Tuesday’s close. The forecasts are quite wet, but the front has already fallen a lot, one trader comments. “The Q3 contract is probably just taking a breather. If all the precipitation in the forecasts is delivered, there is clearly a further downside,” he says.While he sees a further potential for the front, he has
Mittwoch, 23.05.2007, 10:44 Uhr
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