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Energie & Management > Commentary - Market - Approaching Easter on a bullish track
Commentary

Market - Approaching Easter on a bullish track

The market approaches the five-day Easter break on a bullish track seeing next week up NOK/MWh 5 from yesterday at NOK 252 and the other forwards established at their highest prices since mid-March. There is much uncertainty on what happens when the market reopens on Tuesday. Producers powernews.org spoke with this morning expected it to head further north.
“There were many sellers in the market earlier this week. But yesterday afternoon and today there have been more buyers again. I expect the market to go further up next week, notably the V2-03 and V1-04 contracts,” said a Norwegian producer.Stronger spotPossibilities of a spot price collapse this Easter have limited the upside this week. But the producer

Mittwoch, 16.04.2003, 11:56 Uhr
Energie & Management > Commentary - Market - Approaching Easter on a bullish track
Commentary
Market - Approaching Easter on a bullish track
The market approaches the five-day Easter break on a bullish track seeing next week up NOK/MWh 5 from yesterday at NOK 252 and the other forwards established at their highest prices since mid-March. There is much uncertainty on what happens when the market reopens on Tuesday. Producers powernews.org spoke with this morning expected it to head further north.
“There were many sellers in the market earlier this week. But yesterday afternoon and today there have been more buyers again. I expect the market to go further up next week, notably the V2-03 and V1-04 contracts,” said a Norwegian producer.Stronger spotPossibilities of a spot price collapse this Easter have limited the upside this week. But the producer

Mittwoch, 16.04.2003, 11:56 Uhr

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