The Wednesday market has gradually strengthened after a cautious start, and most of the weeks are now trading well above NOK 300, indicating fear of high spot prices in the weeks ahead. Year03 is still trading below NOK 201, while V1-03 trades in the mid NOK 250s.
“I think fear of high spot prices in the weeks ahead are pushing the weeks up. But there are indications of warmer weather next week in today’s forecast, and I think NOK 300+ on Week 47 is a bit high”, said a Swedish producer.Cold and dryWeeks 47 and 48 are most up today, both more than 8 NOKs higher than their closing values yesterday at NOK 303 an
Mittwoch, 6.11.2002, 12:23 Uhr
Olav Vilnes
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