An abrupt change in the weather forecasts was enough to push the market far north when opening on Tuesday. The weeks have reached the NOK 300 level today while the V1-03 reaches new heights at NOK 254.25. “This is only the beginning”, warns a Norwegian producer.
“Only mild and soaking wet forecasts can change the market from continuing up now. The fundamental situation remains tight and water levels in the soil are dangerously low. Due to lack of snow the ground frost goes deeper and consequently the melting season next spring will be delayed giving the blocks 2,3 and 4 a great potential on the upside” the producer said adding that extra ge
Dienstag, 5.11.2002, 12:30 Uhr
Olav Vilnes
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