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Energie & Management > Commentary - Market - Highly expectant
Commentary

Market - Highly expectant

The market continues down in a Friday market short of liquidity and new fundamental signals. V1-04 is down 4 NOK/MWh at 321. Market players attribute today’s movements to profit taking before the weekend, and possibilities of more normal weather in the end of the 10-day period.
“I think today’s movements are mostly due to players getting out of their positions before the weekend. Weather forecasts remain bullish, and I think prices are now approaching more reasonable levels after it looked very high earlier in the week,” a Swedish producer said.Cold and dry Thee system price has stayed strong this week, and the market

Freitag, 10.10.2003, 12:02 Uhr
Energie & Management > Commentary - Market - Highly expectant
Commentary
Market - Highly expectant
The market continues down in a Friday market short of liquidity and new fundamental signals. V1-04 is down 4 NOK/MWh at 321. Market players attribute today’s movements to profit taking before the weekend, and possibilities of more normal weather in the end of the 10-day period.
“I think today’s movements are mostly due to players getting out of their positions before the weekend. Weather forecasts remain bullish, and I think prices are now approaching more reasonable levels after it looked very high earlier in the week,” a Swedish producer said.Cold and dry Thee system price has stayed strong this week, and the market

Freitag, 10.10.2003, 12:02 Uhr

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