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Energie & Management > Marktkommentar Nordic - Market - Bullish Friday, V1-03 peaks at NOK 247
Marktkommentar Nordic

Market - Bullish Friday, V1-03 peaks at NOK 247

Precipitation levels were far below normal in most areas of Scandinavia in October, and today’s forecast indicate a similar start to November. The market’s answer is to climb another level day by day, and a further NOK 10 on Winter1 when the market opens on Monday is likely if the weather forecasts remain the same over the weekend, according to an international trader.
According the SMHI, Precipitation levels in Norway and Sweden were around 50% last month varying from 25% in Northern Norway to almost normal levels in the border areas between Norway and Sweden. Western Norway had around 75%, Middle Norway 50%, Southern and eastern Norway 75% and Swedish mountain areas 50%.Today’s forecasts are even drier and colder than yesterday’s leaving

Freitag, 1.11.2002, 12:30 Uhr
Olav Vilnes
Energie & Management > Marktkommentar Nordic - Market - Bullish Friday, V1-03 peaks at NOK 247
Marktkommentar Nordic
Market - Bullish Friday, V1-03 peaks at NOK 247
Precipitation levels were far below normal in most areas of Scandinavia in October, and today’s forecast indicate a similar start to November. The market’s answer is to climb another level day by day, and a further NOK 10 on Winter1 when the market opens on Monday is likely if the weather forecasts remain the same over the weekend, according to an international trader.
According the SMHI, Precipitation levels in Norway and Sweden were around 50% last month varying from 25% in Northern Norway to almost normal levels in the border areas between Norway and Sweden. Western Norway had around 75%, Middle Norway 50%, Southern and eastern Norway 75% and Swedish mountain areas 50%.Today’s forecasts are even drier and colder than yesterday’s leaving

Freitag, 1.11.2002, 12:30 Uhr
Olav Vilnes

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