The Wednesday morning market gapped up, but V2-03 weakened during the morning session and traders argued that a correction could be in the coming. Weather forecasts are dry, however, but “it has become quite airy on these levels,” one of the Norwegian traders said. “Many players would prefer lower prices now,” another argued.
With dry weather forecasts tomorrow, chances are high that V2-03 will revisit 321 NOK/MWh, according to one of the Norwegian traders. What players seem to want is a lower price-level, however.- It is a little difficult to relate to the quantum leaps that the market is taking at the moment. In the daily game it doesn’t really matter whether it is the right or the wrong fundamental p
Mittwoch, 30.07.2003, 11:54 Uhr
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