
Winter 05 traded down to £43.10/MWh as buyers realised that without the controlled panic seen in the past few days the price would not be where it is today. There is no doubt that Winter 05 will continue to drop when oil and gas prices fall, and there is still five and half months to hedge any exposure. Traders will be careful not to get caught out paying the top of the market and seeing the market gap a £1 lower. Or put another way on a standard trading lot a loss of £43k!
08 February 2005
07 February 2005
02 February 2005
25 January 2005
08 March 2010
08 January 2010
05 January 2010
31 December 2009
23 December 2009
31 July 2009
13 May 2009
15 April 2009
25 March 2009
25 February 2009
12 February 2008
04 February 2008
18 December 2007
13 December 2007
23 November 2007