Support for European prices unlikely to last

European hub prices have received support from lower levels of supply and increased demand in some markets, but this trend is not set to last European hub prices have received support from lower levels of supply and increased demand in some markets, but this trend is not set to last.
By Catriona Scott 5 April 2017 0 25377

European hub prices have received support recently from lower levels of supply and increased demand in some markets, but this trend is not set to last. The NBP day-ahead rose over the past week to reach 40.90 p/th on Tuesday. The TTF day-ahead made similar gains, rising to 40.21 p/th on Tuesday from 37.98 p/th late last week. Support from higher demand saw Germany’s NCG day-ahead rise to 41.28 p/th. Demand picked up in the regional market and neighbouring areas, in part because of a...

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