The market couldn’t wait till Monday, and took the V1-04 contract down another level this morning. Weather outlooks remain very wet and mild, and an international trader said that a sense of normality is now spreading in the market.
According to a Swedish trader the market has been grossly overpriced for a long time, but that balance is being regained after the producers have started selling.- It all comes tumbling down now, as the pressure on production is increasing. What many seem to have misunderstood until now, is that the deficit is in the long-term reservoirs, which in Norway is some 15 TWh, while the seasona
Freitag, 5.12.2003, 12:04 Uhr
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