The market is bullish, and players today believe that the dry forecasts finally are here to last. In the very short-term picture the upside is not all that great they argue, but within a couple of weeks – with a prolonged dry weather trend – the autumn contract and YR-03 have a potential to be lifted NOK 10, a Norwegian trader stated.
High-pressure marketEntering a dry period is undoubtedly going to lift the market another level, a Norwegian player said today. In the short run the upside is not all that significant he held, but if the high pressure lasts longer than the present 10-day period, the hydrological balance would worsen significantly: - Thi
Mittwoch, 31.07.2002, 12:09 Uhr
Sara Fagernes
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