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Energie & Management > Commentary - Market - Maybe not too hip to be bear
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Commentary

Market - Maybe not too hip to be bear

The Friday morning market was significantly calmer than the madness that occurred towards close yesterday. V1-04 traded up to 362 NOK/MWh, however, but turnover this forenoon was thin. A trader at a Swedish production company stated that despite the fact that many believe the market is overpriced, it is very difficult to get prices down now. According to a Norwegian player the mere rumour of a high pressure fills the market with fear.
Slightly wetter weather outlooks brought the morning prices down from yesterday’s peak, but in the currently very thin market V1-04 was still traded in the 360s. The Swedish trader pointed to several factors that contribute to the high price level at the moment.- There are many explanations for the present price level. There are no fundamental sellers at these levels, seeing that t
Freitag, 31.10.2003, 11:44 Uhr
© 2024 Energie & Management GmbH
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E&M  Commentary
Montag, 3.11.2003, 11:57
Market - No taming of that bull
V1-04 traded up to 380 NOK/MWh this morning, while the front fell a few NOK seeing the weakish Monday system price. The dry end in the weather outlooks made it quite natural that the winter contract continued up, a Swedish player argued, while according to a Norwegian trader prices are generally considered too high, but the resource situation isn’t all that good either.
Energie & Management > Commentary - Market - No taming of that bull
Montag, 3.11.2003, 11:57
E&M  Commentary
Market - No taming of that bull
V1-04 traded up to 380 NOK/MWh this morning, while the front fell a few NOK seeing the weakish Monday system price. The dry end in the weather outlooks made it quite natural that the winter contract continued up, a Swedish player argued, while according to a Norwegian trader prices are generally considered too high, but the resource situation isn’t all that good either.
mehr
E&M  Commentary
Donnerstag, 30.10.2003, 12:06
Market - Accidental movements and messy nuclear
The Thursday morning market was a little bullish and very thin. Players we spoke with were not very inspired to do much under the circumstances, and a Norwegian trader characterized the price movements as "bingo and accidental." A Swedish player found the price level somewhat illogic, while both had some rather clear opinions about the news regarding Oskarshamn3 this morning.
Energie & Management > Commentary - Market - Accidental movements and messy nuclear
Donnerstag, 30.10.2003, 12:06
E&M  Commentary
Market - Accidental movements and messy nuclear
The Thursday morning market was a little bullish and very thin. Players we spoke with were not very inspired to do much under the circumstances, and a Norwegian trader characterized the price movements as "bingo and accidental." A Swedish player found the price level somewhat illogic, while both had some rather clear opinions about the news regarding Oskarshamn3 this morning.
Energie & Management > Commentary - Market - Maybe not too hip to be bear
zurück
Commentary
Market - Maybe not too hip to be bear
The Friday morning market was significantly calmer than the madness that occurred towards close yesterday. V1-04 traded up to 362 NOK/MWh, however, but turnover this forenoon was thin. A trader at a Swedish production company stated that despite the fact that many believe the market is overpriced, it is very difficult to get prices down now. According to a Norwegian player the mere rumour of a high pressure fills the market with fear.
Slightly wetter weather outlooks brought the morning prices down from yesterday’s peak, but in the currently very thin market V1-04 was still traded in the 360s. The Swedish trader pointed to several factors that contribute to the high price level at the moment.- There are many explanations for the present price level. There are no fundamental sellers at these levels, seeing that t
Freitag, 31.10.2003, 11:44 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
mehr
E&M  Commentary
Montag, 3.11.2003, 11:57
Market - No taming of that bull
V1-04 traded up to 380 NOK/MWh this morning, while the front fell a few NOK seeing the weakish Monday system price. The dry end in the weather outlooks made it quite natural that the winter contract continued up, a Swedish player argued, while according to a Norwegian trader prices are generally considered too high, but the resource situation isn’t all that good either.
Energie & Management > Commentary - Market - No taming of that bull
Montag, 3.11.2003, 11:57
E&M  Commentary
Market - No taming of that bull
V1-04 traded up to 380 NOK/MWh this morning, while the front fell a few NOK seeing the weakish Monday system price. The dry end in the weather outlooks made it quite natural that the winter contract continued up, a Swedish player argued, while according to a Norwegian trader prices are generally considered too high, but the resource situation isn’t all that good either.
mehr
E&M  Commentary
Donnerstag, 30.10.2003, 12:06
Market - Accidental movements and messy nuclear
The Thursday morning market was a little bullish and very thin. Players we spoke with were not very inspired to do much under the circumstances, and a Norwegian trader characterized the price movements as "bingo and accidental." A Swedish player found the price level somewhat illogic, while both had some rather clear opinions about the news regarding Oskarshamn3 this morning.
Energie & Management > Commentary - Market - Accidental movements and messy nuclear
Donnerstag, 30.10.2003, 12:06
E&M  Commentary
Market - Accidental movements and messy nuclear
The Thursday morning market was a little bullish and very thin. Players we spoke with were not very inspired to do much under the circumstances, and a Norwegian trader characterized the price movements as "bingo and accidental." A Swedish player found the price level somewhat illogic, while both had some rather clear opinions about the news regarding Oskarshamn3 this morning.

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