The northern movement continued this Monday morning seeing V2-03 lift through 255 NOK/MWh effortlessly. The trend is unambiguously up, a Swedish player pointed out, and a Norwegian said that he wasn’t exactly shocked to see prices continue up this morning. The producers are getting more and more control, a Swedish trader held.
The bulls remained in charge this last trading-day of June. V2-03 lifted some 4 NOK at open, fell back a little during the morning session, before lifting to 259 NOK/MWh towards noon. The holiday mood may be kicking in now, the Swedish player said, who still believed in bull with corrections ahead.- The trend is clear and the spot is strong. We see large price swings on small changes in
Montag, 30.06.2003, 11:41 Uhr
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