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Energie & Management > Commentary - Market - Bear trend correction
Commentary

Market - Bear trend correction

The Tuesday morning market has been a very quiet affair, in which the few trades that have been conducted have pointed up. Players says today’s rise has most do with a correction to the sharp drop yesterday afternoon, and less to do with rather dry forecast.
- Weather forecasts have not really changed much from yesterday. But I believe many expected wetter outlooks today, and that the market thus dropped a bit too far yesterday afternoon. Today we are witnessing a correction. But it is very quiet, and I think many are just waiting for the downside to reappear, said a Norwegian producer.V2-03 is up NOK/MWh 3.75 from yesterday at NOK 294, V1-0

Dienstag, 26.08.2003, 11:25 Uhr
Energie & Management > Commentary - Market - Bear trend correction
Commentary
Market - Bear trend correction
The Tuesday morning market has been a very quiet affair, in which the few trades that have been conducted have pointed up. Players says today’s rise has most do with a correction to the sharp drop yesterday afternoon, and less to do with rather dry forecast.
- Weather forecasts have not really changed much from yesterday. But I believe many expected wetter outlooks today, and that the market thus dropped a bit too far yesterday afternoon. Today we are witnessing a correction. But it is very quiet, and I think many are just waiting for the downside to reappear, said a Norwegian producer.V2-03 is up NOK/MWh 3.75 from yesterday at NOK 294, V1-0

Dienstag, 26.08.2003, 11:25 Uhr

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