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Marktkommentar Nordic

Market - Back on bull track

Following yesterday’s sharp correction, the Friday market has moved north during morning hours. With weather forecasts remaining fairly dry, and a normal resource situation, market players believe the bull trend to continue next week.
- Yesterday’s correction came in two waves, and I believe it carried on a bit too far as players tried to cash in on their long positions towards the end. The weather forecasts are not very wet, and it will also take some time for the early rain to be absorbed into the dry soil before affecting power production. I expect the Winter2 to close around NOK 173 today depending on the Saturday
Freitag, 23.08.2002, 11:56 Uhr
Olav Vilnes
© 2024 Energie & Management GmbH
Olav Vilnes
Olav Vilnes
Mehr zum Thema
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E&M  Marktkommentar Nordic
Montag, 26.08.2002, 12:33
Market - Soaring on strong system price
A strong system price of NOK 172.61 (+17.65) has been pivotal in lifting the market heavily on a busy Monday morning. The W2-02 contract opened at NOK 176.00, up 4.25 from Friday, and has so far peaked at NOK 177.50. A Swedish trader pointed at higher night prices in Norway as one clear bull signal, and expected the market to continue up later in the week .
Energie & Management > Marktkommentar Nordic - Market - Soaring on strong system price
Montag, 26.08.2002, 12:33
E&M  Marktkommentar Nordic
Market - Soaring on strong system price
A strong system price of NOK 172.61 (+17.65) has been pivotal in lifting the market heavily on a busy Monday morning. The W2-02 contract opened at NOK 176.00, up 4.25 from Friday, and has so far peaked at NOK 177.50. A Swedish trader pointed at higher night prices in Norway as one clear bull signal, and expected the market to continue up later in the week .
mehr
E&M  Marktkommentar Nordic
Donnerstag, 22.08.2002, 12:18
Market - Day of correction
Activity has been very high in the market on Thursday with a turnover of over 5,000GWh before noon. Prices opened down from yesterday and market players powernews.org has been in contact with consider today’s movements to be a correction to the long-lasting uptrend, and a response to wetter forecasts for next week.
Energie & Management > Marktkommentar Nordic - Market - Day of correction
Donnerstag, 22.08.2002, 12:18
E&M  Marktkommentar Nordic
Market - Day of correction
Activity has been very high in the market on Thursday with a turnover of over 5,000GWh before noon. Prices opened down from yesterday and market players powernews.org has been in contact with consider today’s movements to be a correction to the long-lasting uptrend, and a response to wetter forecasts for next week.
Energie & Management > Marktkommentar Nordic - Market - Back on bull track
zurück
Marktkommentar Nordic
Market - Back on bull track
Following yesterday’s sharp correction, the Friday market has moved north during morning hours. With weather forecasts remaining fairly dry, and a normal resource situation, market players believe the bull trend to continue next week.
- Yesterday’s correction came in two waves, and I believe it carried on a bit too far as players tried to cash in on their long positions towards the end. The weather forecasts are not very wet, and it will also take some time for the early rain to be absorbed into the dry soil before affecting power production. I expect the Winter2 to close around NOK 173 today depending on the Saturday
Freitag, 23.08.2002, 11:56 Uhr
Olav Vilnes
© 2024 Energie & Management GmbH
Olav Vilnes
Olav Vilnes
Mehr zum Thema
mehr
E&M  Marktkommentar Nordic
Montag, 26.08.2002, 12:33
Market - Soaring on strong system price
A strong system price of NOK 172.61 (+17.65) has been pivotal in lifting the market heavily on a busy Monday morning. The W2-02 contract opened at NOK 176.00, up 4.25 from Friday, and has so far peaked at NOK 177.50. A Swedish trader pointed at higher night prices in Norway as one clear bull signal, and expected the market to continue up later in the week .
Energie & Management > Marktkommentar Nordic - Market - Soaring on strong system price
Montag, 26.08.2002, 12:33
E&M  Marktkommentar Nordic
Market - Soaring on strong system price
A strong system price of NOK 172.61 (+17.65) has been pivotal in lifting the market heavily on a busy Monday morning. The W2-02 contract opened at NOK 176.00, up 4.25 from Friday, and has so far peaked at NOK 177.50. A Swedish trader pointed at higher night prices in Norway as one clear bull signal, and expected the market to continue up later in the week .
mehr
E&M  Marktkommentar Nordic
Donnerstag, 22.08.2002, 12:18
Market - Day of correction
Activity has been very high in the market on Thursday with a turnover of over 5,000GWh before noon. Prices opened down from yesterday and market players powernews.org has been in contact with consider today’s movements to be a correction to the long-lasting uptrend, and a response to wetter forecasts for next week.
Energie & Management > Marktkommentar Nordic - Market - Day of correction
Donnerstag, 22.08.2002, 12:18
E&M  Marktkommentar Nordic
Market - Day of correction
Activity has been very high in the market on Thursday with a turnover of over 5,000GWh before noon. Prices opened down from yesterday and market players powernews.org has been in contact with consider today’s movements to be a correction to the long-lasting uptrend, and a response to wetter forecasts for next week.

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