Cold spell provides support to NBP hub prices

Colder temperatures have provided demand-side support to the NBP day-ahead this week after a drop in prices last week Colder temperatures have provided demand-side support to the NBP day-ahead this week after a drop in prices last week.
By Catrina Stewart 22 March 2017 0 25176

Colder temperatures have provided demand-side support to the NBP day-ahead this week after a drop in prices last week. However, the trend is not set to last as the late cold spell will give way to milder temperatures, forecast for much of the country during the next seven days. Supply-side support for prices will also end within the coming days as temporary outages are resolved.

The NBP day-ahead was close to 42 p/th late last week but dropped to around 40.6 p/th by the end of...

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