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Energie & Management > Commentary - Market - Pre-weekend nervs and strength
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Commentary

Market - Pre-weekend nervs and strength

The Friday market strengthened as the high pressure is moving closer to Scandinavia. V2-03 was easily lifted above 240 NOK/MWh and has increased more than 10 NOK since Monday. Players maintained this morning that weather forecasts over the weekend would be crucial for the further price developments, and that the market is exceptionally nervous as it stands today.
Many players would have been caught short earlier this week, when things looked much more bearish than it does today. Nothing seems very clear regarding a direction ahead, but German prices are expected to be strong in the week to come and thermal power is taken out for annual revisions, adding to the pressure on the upside, a Norwegian trader at a production company said. Weathe
Freitag, 23.05.2003, 11:42 Uhr
© 2024 Energie & Management GmbH
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E&M  Commentary
Montag, 26.05.2003, 11:55
Market - Red Monday
Monday opened slightly weaker than Friday and fell another couple of NOKs during the morning, but remained in familiar waters as far as prices are concerned. Generally little has changed over the weekend, a Swedish trader said, who nonetheless was a little surprised that the morning marked weakened rather than strengthened. Precipitation was delivered during the weekend, a Norwegian trader pointed out, but added that the present inflow veils winter prices.
Energie & Management > Commentary - Market - Red Monday
Montag, 26.05.2003, 11:55
E&M  Commentary
Market - Red Monday
Monday opened slightly weaker than Friday and fell another couple of NOKs during the morning, but remained in familiar waters as far as prices are concerned. Generally little has changed over the weekend, a Swedish trader said, who nonetheless was a little surprised that the morning marked weakened rather than strengthened. Precipitation was delivered during the weekend, a Norwegian trader pointed out, but added that the present inflow veils winter prices.
mehr
E&M  Commentary
Donnerstag, 22.05.2003, 11:36
Market - Flat breather in doubt
Drier weather outlooks lifted the morning market a few NOKs before it flattened out. The future prices remain highly uncertain, players maintained this morning, and the doubts are connected to the hydrology and the high pressure at the end of the period. The spot, on the other hand, is expected to fall the nearest weeks.
Energie & Management > Commentary - Market - Flat breather in doubt
Donnerstag, 22.05.2003, 11:36
E&M  Commentary
Market - Flat breather in doubt
Drier weather outlooks lifted the morning market a few NOKs before it flattened out. The future prices remain highly uncertain, players maintained this morning, and the doubts are connected to the hydrology and the high pressure at the end of the period. The spot, on the other hand, is expected to fall the nearest weeks.
Energie & Management > Commentary - Market - Pre-weekend nervs and strength
zurück
Commentary
Market - Pre-weekend nervs and strength
The Friday market strengthened as the high pressure is moving closer to Scandinavia. V2-03 was easily lifted above 240 NOK/MWh and has increased more than 10 NOK since Monday. Players maintained this morning that weather forecasts over the weekend would be crucial for the further price developments, and that the market is exceptionally nervous as it stands today.
Many players would have been caught short earlier this week, when things looked much more bearish than it does today. Nothing seems very clear regarding a direction ahead, but German prices are expected to be strong in the week to come and thermal power is taken out for annual revisions, adding to the pressure on the upside, a Norwegian trader at a production company said. Weathe
Freitag, 23.05.2003, 11:42 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
mehr
E&M  Commentary
Montag, 26.05.2003, 11:55
Market - Red Monday
Monday opened slightly weaker than Friday and fell another couple of NOKs during the morning, but remained in familiar waters as far as prices are concerned. Generally little has changed over the weekend, a Swedish trader said, who nonetheless was a little surprised that the morning marked weakened rather than strengthened. Precipitation was delivered during the weekend, a Norwegian trader pointed out, but added that the present inflow veils winter prices.
Energie & Management > Commentary - Market - Red Monday
Montag, 26.05.2003, 11:55
E&M  Commentary
Market - Red Monday
Monday opened slightly weaker than Friday and fell another couple of NOKs during the morning, but remained in familiar waters as far as prices are concerned. Generally little has changed over the weekend, a Swedish trader said, who nonetheless was a little surprised that the morning marked weakened rather than strengthened. Precipitation was delivered during the weekend, a Norwegian trader pointed out, but added that the present inflow veils winter prices.
mehr
E&M  Commentary
Donnerstag, 22.05.2003, 11:36
Market - Flat breather in doubt
Drier weather outlooks lifted the morning market a few NOKs before it flattened out. The future prices remain highly uncertain, players maintained this morning, and the doubts are connected to the hydrology and the high pressure at the end of the period. The spot, on the other hand, is expected to fall the nearest weeks.
Energie & Management > Commentary - Market - Flat breather in doubt
Donnerstag, 22.05.2003, 11:36
E&M  Commentary
Market - Flat breather in doubt
Drier weather outlooks lifted the morning market a few NOKs before it flattened out. The future prices remain highly uncertain, players maintained this morning, and the doubts are connected to the hydrology and the high pressure at the end of the period. The spot, on the other hand, is expected to fall the nearest weeks.

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