The Wednesday morning market was back up after the sell initiative witnessed yesterday afternoon, and the nearest weeks and Block4 all traded well above 400 NOK/MWh during early morning trading, and were lifted considerably at noon. The summer contract, which was knocked down yesterday, also opened up a few NOKs and lifted to 220 NOK/MWh. Outlooks among players remain bullish.
Great care was shown during early morning trading after the sell scenario towards yesterday close. No fundamental news triggered the fall Tuesday, and fundamentally the situation does not look very bearish today either. Intra-day volatility in the summer contract of some 5 NOK should be expected ahead, a Norwegian trader argued, who considered that the upside is considerable. With an SO-03 clos
Mittwoch, 12.02.2003, 12:45 Uhr
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