(powernews.org) - Warmer forecast triggered a southward swing in the market Tuesday altering the bullish trend witnessed yesterday afternoon. – Temperatures are very much driving the market at the moment, and the warmer forecast predicted from Sunday afternoon have decreased fears of effect pricing early next week, a Norwegian player said earlier today.
After a slow and hesitant start to the week, the market picked up yesterday afternoon as volume grew and prices headed north. The forward & future contracts rose considerably from where it closed on Friday with Summer02 rising NOK 3.50 to NOK 164.50 and Year03 climbing NOK 2.18 to NOK 174.03.Today’s forecast of milder weather early next week has changed the trend into a more bearis
Dienstag, 22.01.2002, 12:14 Uhr
Sara Fagernes
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