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Energie & Management > Commentary - Market - Little gunpowder
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Commentary

Market - Little gunpowder

The Tuesday market was lifted a few NOK, seeing a somewhat drier end of the period than yesterday. V1-04 was traded back to the 360-level, and the market is entirely governed by the weather forecasts, a Norwegian producer said this morning. Another Norwegian player believed both the bulls and bears had run out of gunpowder.
After a V1-04 open at the same level as yesterday’s close, the contract was lifted back to where it was traded for most of Monday. The Norwegian producer characterized the market as a sleeping bear, but wasn’t convinced about the direction from here.- The weather forecasts are a little drier than yesterday, but temperatures remain relatively high. The price moves are entirely
Dienstag, 11.11.2003, 11:52 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
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E&M  Commentary
Mittwoch, 12.11.2003, 11:50
Market - Opposites attack
The Wednesday market opened down as weather forecasts looked slightly wetter. V1-04 traded a few NOK down from yesterday’s close, while players we spoke with disagreed whether that was a good idea. “This is wrong. The weather outlooks are relatively dry and the hydrological situation is far from good,” a Norwegian trader said. A Norwegian player argued that the future is bearish.
Energie & Management > Commentary - Market - Opposites attack
Mittwoch, 12.11.2003, 11:50
E&M  Commentary
Market - Opposites attack
The Wednesday market opened down as weather forecasts looked slightly wetter. V1-04 traded a few NOK down from yesterday’s close, while players we spoke with disagreed whether that was a good idea. “This is wrong. The weather outlooks are relatively dry and the hydrological situation is far from good,” a Norwegian trader said. A Norwegian player argued that the future is bearish.
mehr
E&M  Commentary
Montag, 10.11.2003, 12:00
Market - Some bear power
With wetter weather outlooks prices fell during thin Monday morning trading, V1-04 down to 355.25 NOK/MWh at the lowest. The Monday system price was weaker than generally expected, but still stronger than last week’s level. A Swedish trader argued that V1-04 would be traded down towards 340 NOK/MWh now, whereas a Norwegian trader characterized the present as sensitive times.
Energie & Management > Commentary - Market - Some bear power
Montag, 10.11.2003, 12:00
E&M  Commentary
Market - Some bear power
With wetter weather outlooks prices fell during thin Monday morning trading, V1-04 down to 355.25 NOK/MWh at the lowest. The Monday system price was weaker than generally expected, but still stronger than last week’s level. A Swedish trader argued that V1-04 would be traded down towards 340 NOK/MWh now, whereas a Norwegian trader characterized the present as sensitive times.
Energie & Management > Commentary - Market - Little gunpowder
zurück
Commentary
Market - Little gunpowder
The Tuesday market was lifted a few NOK, seeing a somewhat drier end of the period than yesterday. V1-04 was traded back to the 360-level, and the market is entirely governed by the weather forecasts, a Norwegian producer said this morning. Another Norwegian player believed both the bulls and bears had run out of gunpowder.
After a V1-04 open at the same level as yesterday’s close, the contract was lifted back to where it was traded for most of Monday. The Norwegian producer characterized the market as a sleeping bear, but wasn’t convinced about the direction from here.- The weather forecasts are a little drier than yesterday, but temperatures remain relatively high. The price moves are entirely
Dienstag, 11.11.2003, 11:52 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
mehr
E&M  Commentary
Mittwoch, 12.11.2003, 11:50
Market - Opposites attack
The Wednesday market opened down as weather forecasts looked slightly wetter. V1-04 traded a few NOK down from yesterday’s close, while players we spoke with disagreed whether that was a good idea. “This is wrong. The weather outlooks are relatively dry and the hydrological situation is far from good,” a Norwegian trader said. A Norwegian player argued that the future is bearish.
Energie & Management > Commentary - Market - Opposites attack
Mittwoch, 12.11.2003, 11:50
E&M  Commentary
Market - Opposites attack
The Wednesday market opened down as weather forecasts looked slightly wetter. V1-04 traded a few NOK down from yesterday’s close, while players we spoke with disagreed whether that was a good idea. “This is wrong. The weather outlooks are relatively dry and the hydrological situation is far from good,” a Norwegian trader said. A Norwegian player argued that the future is bearish.
mehr
E&M  Commentary
Montag, 10.11.2003, 12:00
Market - Some bear power
With wetter weather outlooks prices fell during thin Monday morning trading, V1-04 down to 355.25 NOK/MWh at the lowest. The Monday system price was weaker than generally expected, but still stronger than last week’s level. A Swedish trader argued that V1-04 would be traded down towards 340 NOK/MWh now, whereas a Norwegian trader characterized the present as sensitive times.
Energie & Management > Commentary - Market - Some bear power
Montag, 10.11.2003, 12:00
E&M  Commentary
Market - Some bear power
With wetter weather outlooks prices fell during thin Monday morning trading, V1-04 down to 355.25 NOK/MWh at the lowest. The Monday system price was weaker than generally expected, but still stronger than last week’s level. A Swedish trader argued that V1-04 would be traded down towards 340 NOK/MWh now, whereas a Norwegian trader characterized the present as sensitive times.

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