Supply & Demand

High prices likely in UK and French markets

Prices at the NBP and French hubs are expected to stay high over the coming week as a result of strong demand combined with supply problems Prices at the NBP and French hubs are expected to stay high over the coming week as a result of strong demand combined with supply problems.
By Catriona Scott 18 January 2017 0 24455

Prices at the NBP and French hubs are expected to stay high over the coming week as a result of strong demand combined with supply problems.

The NBP day-ahead averaged around 53 p/th on Monday and Tuesday, a slight decline from its high of close to 56 p/th seen last week. However, with cold weather expected to persist in much of the UK and demand forecast to be roughly 13% higher than seasonal norms on Wednesday, strong demand will support prices. Temporary outages at the Rough...