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Commentary

Market - Expecting more rain

The market opened firmly down this morning on the back of more rain in the forecasts. According to a Swedish trader, prices are most likely to continue down in the days ahead, predicting V2-03 towards NOK 220 in a couple of weeks. A Norwegian analyst was more cautious.
Most contracts headed markedly south last week, and this development continued today seeing V2-03 opening at NOK 288. One weak ago the seasonal bellwether traded in the NOK 340s. A Swedish trader argued for more downside ahead.- If the weather situation continues like this, we will see V2-03 down at NOK 240 soon, and perhaps as far as NOK 220 in a couple of weeks. We are approaching a no
Montag, 18.08.2003, 11:30 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
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E&M  Commentary
Dienstag, 19.08.2003, 11:47
Market - Expectant bear
The strong bear movements have flattened out this morning with prices ranging above and below yesterday’s closing levels on thin volumes. Market players expect more downside later in the week though, due to wet outlooks.
Energie & Management > Commentary - Market - Expectant bear
Dienstag, 19.08.2003, 11:47
E&M  Commentary
Market - Expectant bear
The strong bear movements have flattened out this morning with prices ranging above and below yesterday’s closing levels on thin volumes. Market players expect more downside later in the week though, due to wet outlooks.
mehr
E&M  Commentary
Freitag, 15.08.2003, 12:25
Market - Bounces back on drier outlooks
Drier forecasts have sparked a return north on the future and forwards this morning, while heavy rain continue to push downward pressure on the spot. V2-03 was last traded at NOK 306.50, up NOK 7.50 from yesterday.
Energie & Management > Commentary - Market - Bounces back on drier outlooks
Freitag, 15.08.2003, 12:25
E&M  Commentary
Market - Bounces back on drier outlooks
Drier forecasts have sparked a return north on the future and forwards this morning, while heavy rain continue to push downward pressure on the spot. V2-03 was last traded at NOK 306.50, up NOK 7.50 from yesterday.
Energie & Management > Commentary - Market - Expecting more rain
zurück
Commentary
Market - Expecting more rain
The market opened firmly down this morning on the back of more rain in the forecasts. According to a Swedish trader, prices are most likely to continue down in the days ahead, predicting V2-03 towards NOK 220 in a couple of weeks. A Norwegian analyst was more cautious.
Most contracts headed markedly south last week, and this development continued today seeing V2-03 opening at NOK 288. One weak ago the seasonal bellwether traded in the NOK 340s. A Swedish trader argued for more downside ahead.- If the weather situation continues like this, we will see V2-03 down at NOK 240 soon, and perhaps as far as NOK 220 in a couple of weeks. We are approaching a no
Montag, 18.08.2003, 11:30 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
mehr
E&M  Commentary
Dienstag, 19.08.2003, 11:47
Market - Expectant bear
The strong bear movements have flattened out this morning with prices ranging above and below yesterday’s closing levels on thin volumes. Market players expect more downside later in the week though, due to wet outlooks.
Energie & Management > Commentary - Market - Expectant bear
Dienstag, 19.08.2003, 11:47
E&M  Commentary
Market - Expectant bear
The strong bear movements have flattened out this morning with prices ranging above and below yesterday’s closing levels on thin volumes. Market players expect more downside later in the week though, due to wet outlooks.
mehr
E&M  Commentary
Freitag, 15.08.2003, 12:25
Market - Bounces back on drier outlooks
Drier forecasts have sparked a return north on the future and forwards this morning, while heavy rain continue to push downward pressure on the spot. V2-03 was last traded at NOK 306.50, up NOK 7.50 from yesterday.
Energie & Management > Commentary - Market - Bounces back on drier outlooks
Freitag, 15.08.2003, 12:25
E&M  Commentary
Market - Bounces back on drier outlooks
Drier forecasts have sparked a return north on the future and forwards this morning, while heavy rain continue to push downward pressure on the spot. V2-03 was last traded at NOK 306.50, up NOK 7.50 from yesterday.

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