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Commentary

Market - A case for lower prices

Prices have stayed more or less around yesterday’s level in a Friday market short of momentum in any direction. But forecasts remain wet and mild, and a Swedish trader expects more downside next week predicting spot prices towards 270 NOK/MWh in two weeks time.
Encouraged by mild and wet forecast, the market has dropped significantly the last week, and yesterday’s reaction has been attributed to players limiting their short positions ahead of the weekend, plus an 872MW nuclear outage at Ringhals 2.- In a short term the market has been a bit oversold. The outage at R2 sparked a strong reaction. When the reactor resumed operation today the
Freitag, 24.10.2003, 12:03 Uhr
© 2024 Energie & Management GmbH
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E&M  Commentary
Montag, 27.10.2003, 11:29
Market - Spectators
Prices are expectantly heading south in a Monday market in which most players have confined themselves to the role of spectator. V1-04 is down 2.50 NOK/MWh at 313.50.
Energie & Management > Commentary - Market - Spectators
Montag, 27.10.2003, 11:29
E&M  Commentary
Market - Spectators
Prices are expectantly heading south in a Monday market in which most players have confined themselves to the role of spectator. V1-04 is down 2.50 NOK/MWh at 313.50.
mehr
E&M  Commentary
Freitag, 24.10.2003, 15:57
Market - Sideways Friday
The Friday market opened down, but adjusted slowly north during the day mainly as a result of positioning. Week-ahead and the winter seasons still finished lower than yesterday. Forecasts remain wet and mild for next week, and consumption is expected to drop significantly.
Energie & Management > Commentary - Market - Sideways Friday
Freitag, 24.10.2003, 15:57
E&M  Commentary
Market - Sideways Friday
The Friday market opened down, but adjusted slowly north during the day mainly as a result of positioning. Week-ahead and the winter seasons still finished lower than yesterday. Forecasts remain wet and mild for next week, and consumption is expected to drop significantly.
mehr
E&M  Commentary
Donnerstag, 23.10.2003, 11:27
Market - Nuclear outage triggers correction
A sudden outage at Ringhals 2 (872MW) gave the bulls incentive to lift the market this morning, after it had opened down on continuous wet and mild forecast. V1-04 is up 5.50 NOK/MWh on yesterday’s close at 313.
Energie & Management > Commentary - Market - Nuclear outage triggers correction
Donnerstag, 23.10.2003, 11:27
E&M  Commentary
Market - Nuclear outage triggers correction
A sudden outage at Ringhals 2 (872MW) gave the bulls incentive to lift the market this morning, after it had opened down on continuous wet and mild forecast. V1-04 is up 5.50 NOK/MWh on yesterday’s close at 313.
Energie & Management > Commentary - Market - A case for lower prices
zurück
Commentary
Market - A case for lower prices
Prices have stayed more or less around yesterday’s level in a Friday market short of momentum in any direction. But forecasts remain wet and mild, and a Swedish trader expects more downside next week predicting spot prices towards 270 NOK/MWh in two weeks time.
Encouraged by mild and wet forecast, the market has dropped significantly the last week, and yesterday’s reaction has been attributed to players limiting their short positions ahead of the weekend, plus an 872MW nuclear outage at Ringhals 2.- In a short term the market has been a bit oversold. The outage at R2 sparked a strong reaction. When the reactor resumed operation today the
Freitag, 24.10.2003, 12:03 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
mehr
E&M  Commentary
Montag, 27.10.2003, 11:29
Market - Spectators
Prices are expectantly heading south in a Monday market in which most players have confined themselves to the role of spectator. V1-04 is down 2.50 NOK/MWh at 313.50.
Energie & Management > Commentary - Market - Spectators
Montag, 27.10.2003, 11:29
E&M  Commentary
Market - Spectators
Prices are expectantly heading south in a Monday market in which most players have confined themselves to the role of spectator. V1-04 is down 2.50 NOK/MWh at 313.50.
mehr
E&M  Commentary
Freitag, 24.10.2003, 15:57
Market - Sideways Friday
The Friday market opened down, but adjusted slowly north during the day mainly as a result of positioning. Week-ahead and the winter seasons still finished lower than yesterday. Forecasts remain wet and mild for next week, and consumption is expected to drop significantly.
Energie & Management > Commentary - Market - Sideways Friday
Freitag, 24.10.2003, 15:57
E&M  Commentary
Market - Sideways Friday
The Friday market opened down, but adjusted slowly north during the day mainly as a result of positioning. Week-ahead and the winter seasons still finished lower than yesterday. Forecasts remain wet and mild for next week, and consumption is expected to drop significantly.
mehr
E&M  Commentary
Donnerstag, 23.10.2003, 11:27
Market - Nuclear outage triggers correction
A sudden outage at Ringhals 2 (872MW) gave the bulls incentive to lift the market this morning, after it had opened down on continuous wet and mild forecast. V1-04 is up 5.50 NOK/MWh on yesterday’s close at 313.
Energie & Management > Commentary - Market - Nuclear outage triggers correction
Donnerstag, 23.10.2003, 11:27
E&M  Commentary
Market - Nuclear outage triggers correction
A sudden outage at Ringhals 2 (872MW) gave the bulls incentive to lift the market this morning, after it had opened down on continuous wet and mild forecast. V1-04 is up 5.50 NOK/MWh on yesterday’s close at 313.

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