Cold and dry weather have pushed the market up in April, and the Tuesday market has resumed this trend today despite the strong correction seen yesterday afternoon. Summer 03 was last traded at NOK 230.50, after opening at NOK 228.50.
“It is very difficult to predict the road ahead now. The market totally collapsed yesterday afternoon, but is coming back up today despite that there are no significant news. It seems as if most players are in long positions at the moment, and one reason may be that they expect producers to price their water higher in the weeks ahead,” said a Norwegian trader.Colder weather
Dienstag, 8.04.2003, 12:19 Uhr
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