The sun may have turned, but the market sentiment has not. V2-03 continued its lift this morning jumping to a high of NOK 250.50 before settling at NOK 249.50 just before noon. Players contribute today’s lift to dry forecast, but a Swedish trader warned that a correction is imminent.
- Prices are up due to a high pressure forecast and slightly less rain than expected this weekend. But I think prices have gone too far. We will soon see the futures heading down due to less load in the summer, and this should also put a break on the forwards. I expect the V2-03 to trade down towards NOK 245 again today possibly closing lower, a Swedish trader argued this morning.
Montag, 23.06.2003, 11:59 Uhr
© 2024 Energie & Management GmbH