10th May 2019 | Posted by: Libby Fraser | Market Analysis
The longer dated contracts traded lower yesterday, this is following a weakening of the carbon market which began reversing its session-on-session gains. Further downside was added as the Cal 20 coal contract softened over the duration of the day.
8th May 2019 | Posted by: Natalie Ivinson | Market Analysis
Trade on Gas was mixed yesterday with an early morning rally, by the afternoon the market turned which saw lower front curve and spot prices due to increasing wind output, rising temperatures and strength in Carbon.
7th May 2019 | Posted by: Lawrence Carson | Market Analysis
Slightly cooler temperatures than the seasonal norm meant gas prices gained strength across the curve on Friday. Support for the near curve came from Norwegian technical issues, whilst support further out was provided by a firming coal market.
Near-curve gas prices climbed slightly higher yesterday due to an undersupplied system and a colder weather forecast for the weekend. Meanwhile, contracts further along the curve were pressured down by weaker oil, power and carbon markets.