The Friday morning market was bullish at open, seeing confirmed cold and dry weather forecasts. Prices fell back a couple of NOK towards noon, however, when the GFS06 was ticking in with promises of a wetter future. - The key right now is the spot, a Swedish trader said. She considered the current resource situation not much better than last year.
- The price lift this morning was as one could expect, considering the confirmation of the last days’ weather trend. Many players have been burnt badly this week though, and consequently things are relatively calm, the trader argued. KeysThe key today could turn out to be the spot, she said, but precipitation is the only factor that will take prices down ahead.
Freitag, 27.02.2004, 12:03 Uhr
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