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Energie & Management > Commentary - Market - Dry as dust, not well
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Commentary

Market - Dry as dust, not well

The week started off with the anticipated gap, and the suddenly very dry EC prognosis took the autumn contract up 14 NOK. Prices fell back a little during thin morning trading, but remained well into the 320s. “The market doesn’t need the upside now,” a Norwegian trader sighed, and was supported by a Swedish, who believed the market was a little ill at the moment, and run by the shaky weather prognoses.
On Friday players expected the market to gap in the one or the other direction today, and so it did. There was not much joy to recognize in the players we spoke with this morning, however, who would have preferred to see prices gap the other way. More precipitation than normal was delivered in Norway during the weekend, but still less than forecast, the Swedish trader pointed out. The EC progno
Montag, 8.09.2003, 11:37 Uhr
© 2024 Energie & Management GmbH
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E&M  Commentary
Dienstag, 9.09.2003, 11:44
Market - Less strong high, still felling low
The weather forecasts kept the morning market below yesterday’s level, opening marginally down from the Monday close, V2-03 trading down to 317.50 NOK/MWh. “The high pressure is less strong today, but generally I think we see a market without much self-confidence at the moment,” an international trader said.
Energie & Management > Commentary - Market - Less strong high, still felling low
Dienstag, 9.09.2003, 11:44
E&M  Commentary
Market - Less strong high, still felling low
The weather forecasts kept the morning market below yesterday’s level, opening marginally down from the Monday close, V2-03 trading down to 317.50 NOK/MWh. “The high pressure is less strong today, but generally I think we see a market without much self-confidence at the moment,” an international trader said.
mehr
E&M  Commentary
Freitag, 5.09.2003, 11:42
Market - A nuclear family, and rain
Friday opened down, seeing that the EC forecast was wetter than yesterday, but strengthened a few NOK during the morning session. And while players don´t expect too much to happen this Friday, Monday should take a more clear direction, a Norwegian trader said, as he was waiting for more news about the nuclear power situation. A trader at a Norwegian production company argued that it remains to be seen how the end of the forecast actually turns out.
Energie & Management > Commentary - Market - A nuclear family, and rain
Freitag, 5.09.2003, 11:42
E&M  Commentary
Market - A nuclear family, and rain
Friday opened down, seeing that the EC forecast was wetter than yesterday, but strengthened a few NOK during the morning session. And while players don´t expect too much to happen this Friday, Monday should take a more clear direction, a Norwegian trader said, as he was waiting for more news about the nuclear power situation. A trader at a Norwegian production company argued that it remains to be seen how the end of the forecast actually turns out.
Energie & Management > Commentary - Market - Dry as dust, not well
zurück
Commentary
Market - Dry as dust, not well
The week started off with the anticipated gap, and the suddenly very dry EC prognosis took the autumn contract up 14 NOK. Prices fell back a little during thin morning trading, but remained well into the 320s. “The market doesn’t need the upside now,” a Norwegian trader sighed, and was supported by a Swedish, who believed the market was a little ill at the moment, and run by the shaky weather prognoses.
On Friday players expected the market to gap in the one or the other direction today, and so it did. There was not much joy to recognize in the players we spoke with this morning, however, who would have preferred to see prices gap the other way. More precipitation than normal was delivered in Norway during the weekend, but still less than forecast, the Swedish trader pointed out. The EC progno
Montag, 8.09.2003, 11:37 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
mehr
E&M  Commentary
Dienstag, 9.09.2003, 11:44
Market - Less strong high, still felling low
The weather forecasts kept the morning market below yesterday’s level, opening marginally down from the Monday close, V2-03 trading down to 317.50 NOK/MWh. “The high pressure is less strong today, but generally I think we see a market without much self-confidence at the moment,” an international trader said.
Energie & Management > Commentary - Market - Less strong high, still felling low
Dienstag, 9.09.2003, 11:44
E&M  Commentary
Market - Less strong high, still felling low
The weather forecasts kept the morning market below yesterday’s level, opening marginally down from the Monday close, V2-03 trading down to 317.50 NOK/MWh. “The high pressure is less strong today, but generally I think we see a market without much self-confidence at the moment,” an international trader said.
mehr
E&M  Commentary
Freitag, 5.09.2003, 11:42
Market - A nuclear family, and rain
Friday opened down, seeing that the EC forecast was wetter than yesterday, but strengthened a few NOK during the morning session. And while players don´t expect too much to happen this Friday, Monday should take a more clear direction, a Norwegian trader said, as he was waiting for more news about the nuclear power situation. A trader at a Norwegian production company argued that it remains to be seen how the end of the forecast actually turns out.
Energie & Management > Commentary - Market - A nuclear family, and rain
Freitag, 5.09.2003, 11:42
E&M  Commentary
Market - A nuclear family, and rain
Friday opened down, seeing that the EC forecast was wetter than yesterday, but strengthened a few NOK during the morning session. And while players don´t expect too much to happen this Friday, Monday should take a more clear direction, a Norwegian trader said, as he was waiting for more news about the nuclear power situation. A trader at a Norwegian production company argued that it remains to be seen how the end of the forecast actually turns out.

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