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Energie & Management > Commentary - Market - Down with systematic corrections
Commentary

Market - Down with systematic corrections

Tuesday opened down with the outlooks of more wet weather, and V2-03 was taken below the 226-support level during morning trading. “Carefully down with systematic corrections,” a Norwegian trader characterized the market. A Swedish trader did not expect the autumn contract to fall below 220 NOK/MWh quite yet.
The weather forecasts are wet, and after the little spot surprise yesterday things are expected to be back to normal; down, the trader at a Norwegian production company said. Yesterday’s recoil was driven by the system price and things continental, but today he saw no such developments taking place, and consequently believed the spot to come down again. And that the hydrology would contin

Dienstag, 3.06.2003, 11:44 Uhr
Energie & Management > Commentary - Market - Down with systematic corrections
Commentary
Market - Down with systematic corrections
Tuesday opened down with the outlooks of more wet weather, and V2-03 was taken below the 226-support level during morning trading. “Carefully down with systematic corrections,” a Norwegian trader characterized the market. A Swedish trader did not expect the autumn contract to fall below 220 NOK/MWh quite yet.
The weather forecasts are wet, and after the little spot surprise yesterday things are expected to be back to normal; down, the trader at a Norwegian production company said. Yesterday’s recoil was driven by the system price and things continental, but today he saw no such developments taking place, and consequently believed the spot to come down again. And that the hydrology would contin

Dienstag, 3.06.2003, 11:44 Uhr

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