The Nordic market is continuing the bullish run seen Tuesday afternoon, with both Q2-06 and YR-07 reaching new all time highs. The lack of precipitation will force prices up, market players say.
“The market is driven by the weather, which remains cold and dry. We have reached new all time highs this morning,” says Øyvind Nes at Censu Trading. The spot prices have been much lower this week than anticipated. However, the producers should have lifted the price and turned the power flow in some hours, Nes says.“The Norwegian hydropower producers are ignoring the fa
Mittwoch, 1.03.2006, 11:29 Uhr
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