The forward market dropped quite heavily this morning, but has later recovered to trade more or less on par with yesterday’s closing prices. A Norwegian trader said we are witnessing a small adjustment after the strong bearish movements yesterday.
“I don’t think the market will drop more this week. It fell heavily yesterday and now we are witnessing a small correction. However, prices may still come further down next week. The resource situation has improved and there is now much focus on the delivery price of the V1-05 contract, which may be down at 220-230 NOK/MWh ” the trader said.The most liquid forward contr
Donnerstag, 18.11.2004, 12:05 Uhr
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