The summer contract has gained slightly in a quiet Tuesday market, edging towards 220 NOK/MWh in the early hours. A Swedish trader said the market could very well break through the 220 level, but not further than 226.
- A few large technically oriented buyers continue to keep prices high, and they have also more support in the fundamentals right now. I think the summer could break past 220 towards 226 in a short term. But this is also as far as it can go I believe. There are still many sellers in the market. Fundamentally prices are too high, and technically there are also signs that the market is soon overb
Dienstag, 17.02.2004, 11:56 Uhr
© 2024 Energie & Management GmbH