Prices are plunging Thursday morning, but even though forecasts are wetter and fuels somewhat weaker, not all players see the fall as reasonable.
The front quarter has lost 2.75 euros to last trade at EUR 68.25/MWh. Weather forecasts have turned wetter, and fuel prices are softening, but one Swedish trader is still puzzled by the weak forward market. "I really don't understand why the market is coming off this much, and how it can be justified to price the Q4-08 contract three euros below the system price," he said.One
Donnerstag, 25.09.2008, 11:18 Uhr
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