The Monday morning market unsurprisingly gapped up, due to the strong system price and dry, cool weather forecasts. After last week’s Wild West the beginning of this week was more careful, however, and a Swedish trader argued that despite the strong underlying fundamental trend, players would have become cautious. A Norwegian trader believed in a system price-lift of some 20 NOK within the current week.
StrongerToday’s market was back at last week’s levels and lifting towards new heights. The system price is strong and expected to get increasingly stronger throughout this week. The Norwegian player held that the combination of lower temperatures, increasing German prices and zero inflow would take the current levels higher: - The spot and weather outlooks a
Montag, 14.10.2002, 12:12 Uhr
Sara Fagernes
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