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UPDATE 1-Drax power margins fall since Oct, trading in line


LONDON, Dec 16 (Reuters) – British power station operator Drax (DRX.L: Quote, Profile, Research, Stock Buzz) said on Tuesday that power generation margins had contracted since October, although overall trading was in line with hopes. The group, which runs the Drax coal-fired station in northern England, said commodity prices had been “highly volatile” since the group updated the market on Oct. 23.

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