Bearish movements continue to characterize the market today as the weeks are all trading well below NOK/MWh 300 and both Summer 03 and Year 04 have broken through technical support levels. The question now seems to be how far the market will slide before a correction arrives.
Low consumption and high imports have been the main factors driving prices down lately as producers are competing to get rid of their power at what’s perceived by many as the top of the price curve.“It is natural that the nearest contracts are falling as consumption is very low and producers believe prices are at their highest now. But personally I am surprised that for inst
Dienstag, 18.03.2003, 12:08 Uhr
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