European hub prices in decline

By Catriona Scott 12 April 2017
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Day-ahead prices at Europe’s major hubs have fallen over the past week, and further pressure is expected in the coming days.

Weaker demand has hit European prices despite ongoing supply issues. The NBP day-ahead was 38.40 p/th on Tuesday, down from 40.95 p/th last week. The declines in the NBP contract pushed it below the TTF day-ahead at points during the past week. The TTF day-ahead was 39.01 p/th on Tuesday, 0.61 p/th above the NBP.

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