Milder and wetter weather forecasts are pushing prices down Friday morning. Q2-07 was traded at EUR 25.75 earlier today, but has eased off to EUR 25.25.
“The weather conditions seem to turn milder and wetter next week, and consequently prices are down,” one analyst says. With this outlook it will be hard to lift the front end of the curve, he says, while on the downside, there are also some limitations. “Q2-07 could drop below EUR 25, and perhaps go as low as EUR 23, but it will be difficult to push the price further down, as
Freitag, 2.03.2007, 11:32 Uhr
Redaktion
© 2024 Energie & Management GmbH