The morning market was quiet, trading a little up but mostly a little down. The price level remains very much within a familiar range, while the weather outlooks are in a “good autumn pattern,” a Norwegian trader said. A trader at a Swedish production company did not expect too much of the weather ahead, having entered October already, arguing that both the upside and the downside are limited.
While the market has been biddish this week, the weather is in a low-pressure state. The nuclear trouble has kept the spot strong so far, but next week will not be delivered at the presently strong level, the Norwegian trader argued.- Right now we are cruising in a familiar price area, which is not very exciting. The weather is in a good autumn pattern though, with a type of low-pressure
Donnerstag, 2.10.2003, 11:43 Uhr
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