The Monday market opened down in line with expectations as weather prognoses remain wet, but flattened out a couple of NOKs below the Friday close in a rather non-volatile market. A Swedish trader argued in favour of a continued fall the next couple of days, and believed that during afternoon trading SO2 should come down some more.
According to a Norwegian trader, the NOK 115 level will be tested again with the current period. New test As the bellwether SO2 is nearing the point when it is ready traded, some 100MWs were nonetheless in circulation this morning, as the contract tightened in the NOK 125/126 area. A Norwegian trader pointed out that the gapping lately has shown the
Montag, 22.04.2002, 12:16 Uhr
Sara Fagernes
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