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Energie & Management > Commentary - Nordic Market - Easing off in thin trade
Commentary

Nordic Market - Easing off in thin trade

Forward prices strengthened in early trade, but have come off from the top. Most contracts are currently being traded just below yesterday’s close, in what players describe as a very thin market.
According to one trader, the market seems very weak right now. “I didn’t quite understand why prices rose this morning, but the market quickly eased off again. Right now the market is extremely thin,” he says. The weak sentiment is probably connected to a wet end of the 10-day period, and high temperature forecasts. “If the precipitation is actually delivered, pri

Mittwoch, 13.09.2006, 11:20 Uhr
Redaktion
Energie & Management > Commentary - Nordic Market - Easing off in thin trade
Commentary
Nordic Market - Easing off in thin trade
Forward prices strengthened in early trade, but have come off from the top. Most contracts are currently being traded just below yesterday’s close, in what players describe as a very thin market.
According to one trader, the market seems very weak right now. “I didn’t quite understand why prices rose this morning, but the market quickly eased off again. Right now the market is extremely thin,” he says. The weak sentiment is probably connected to a wet end of the 10-day period, and high temperature forecasts. “If the precipitation is actually delivered, pri

Mittwoch, 13.09.2006, 11:20 Uhr
Redaktion

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