The Friday morning session was set on a familiar price level, the summer contract trading around 219 NOK/MWh before lifting to magical 220 NOK/MWh. A Norwegian trader said that there wasn’t much to hurray for this morning, and didn’t expect much action this Friday.
- If it breaks out of the range today, I don’t consider that a fundamental lift. Attempts have been made several times, but some may be foolish enough to do so today as well, the trader stated.Normal, simplyOn Monday, however, a more significant lift could be fundamentally motivated if a dry and cold weather trend is confirmed. But prices will come back down
Freitag, 20.02.2004, 11:47 Uhr
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