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Commentary

Nordic Market - Holiday feeling

The front end of the Nordic market has been traded slightly down from yesterday's close, as forecasts are still wet and mild from the beginning of next week. Meanwhile, other energy markets are strengthening a touch.
However, players comment that the market is very quiet. "The market is in a Christmas mood, with very low activity. The movements in the past days have mainly been due to position adjustments before the holiday," said Anders Karlberg at Troms Kraft.Q1-08 has been traded in a EUR 50.80-51.35 range so far today. Karlberg assumes the front quarter could slide a bit further in the days left
Donnerstag, 20.12.2007, 11:39 Uhr
Redaktion
© 2024 Energie & Management GmbH
Energie & Management > Commentary - Nordic Market - Holiday feeling
zurück
Commentary
Nordic Market - Holiday feeling
The front end of the Nordic market has been traded slightly down from yesterday's close, as forecasts are still wet and mild from the beginning of next week. Meanwhile, other energy markets are strengthening a touch.
However, players comment that the market is very quiet. "The market is in a Christmas mood, with very low activity. The movements in the past days have mainly been due to position adjustments before the holiday," said Anders Karlberg at Troms Kraft.Q1-08 has been traded in a EUR 50.80-51.35 range so far today. Karlberg assumes the front quarter could slide a bit further in the days left
Donnerstag, 20.12.2007, 11:39 Uhr
Redaktion
© 2024 Energie & Management GmbH

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