A wetter and milder solution in the latest forecast pushed front prices down after a strong start. However, the long term input factors are still seen as bullish.
The Q1-08 contract went as high as EUR 57.50 in early trade, but eased off to EUR 56.40. One trader said that rising prices for oil, coal and emissions gave a boost to the market yesterday afternoon as well as this morning. "There was quite a lot of action yesterday afternoon. This morning, forecasts were as expected still somewhat dry, and the market was strong at the opening. But when
Mittwoch, 21.11.2007, 10:29 Uhr
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