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Commentary

Market - More bull

Prices have lifted considerably this morning, and the winter season is up 8.25 NOK/MWh at 328.50. Players attribute today’s movements to technical trading, a realisation that prices plunged too far last week and forecasts that are not wet enough to improve the resource deficit.
– Today’s movements are partly driven by technical trading as the market broke though some technical ceilings yesterday. But it is also due to the fundamentals. We need to see rain delivered, and today’s forecast doesn’t bode well for an improvement of the resource deficit. The low pressures seem to take a more southern track ahead, said a Norwegian trader.
Dienstag, 28.10.2003, 11:38 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
mehr
E&M  Commentary
Mittwoch, 29.10.2003, 11:53
Market - Higher morning, lower expectations
The Wednesday morning market leaped up, seeing a higher probability for a dry end in the weather outlooks. V1-04 traded up to 347 NOK/MWh, before sagging back a few NOK. A Norwegian trader believed a 315-345ish range had been established, and did not expect the market to be willing to go further for the time being. A trader at a Norwegian production company also argued that the market lacks incentive to buy it much more up than this morning.
Energie & Management > Commentary - Market - Higher morning, lower expectations
Mittwoch, 29.10.2003, 11:53
E&M  Commentary
Market - Higher morning, lower expectations
The Wednesday morning market leaped up, seeing a higher probability for a dry end in the weather outlooks. V1-04 traded up to 347 NOK/MWh, before sagging back a few NOK. A Norwegian trader believed a 315-345ish range had been established, and did not expect the market to be willing to go further for the time being. A trader at a Norwegian production company also argued that the market lacks incentive to buy it much more up than this morning.
mehr
E&M  Commentary
Montag, 27.10.2003, 11:29
Market - Spectators
Prices are expectantly heading south in a Monday market in which most players have confined themselves to the role of spectator. V1-04 is down 2.50 NOK/MWh at 313.50.
Energie & Management > Commentary - Market - Spectators
Montag, 27.10.2003, 11:29
E&M  Commentary
Market - Spectators
Prices are expectantly heading south in a Monday market in which most players have confined themselves to the role of spectator. V1-04 is down 2.50 NOK/MWh at 313.50.
Energie & Management > Commentary - Market - More bull
zurück
Commentary
Market - More bull
Prices have lifted considerably this morning, and the winter season is up 8.25 NOK/MWh at 328.50. Players attribute today’s movements to technical trading, a realisation that prices plunged too far last week and forecasts that are not wet enough to improve the resource deficit.
– Today’s movements are partly driven by technical trading as the market broke though some technical ceilings yesterday. But it is also due to the fundamentals. We need to see rain delivered, and today’s forecast doesn’t bode well for an improvement of the resource deficit. The low pressures seem to take a more southern track ahead, said a Norwegian trader.
Dienstag, 28.10.2003, 11:38 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
mehr
E&M  Commentary
Mittwoch, 29.10.2003, 11:53
Market - Higher morning, lower expectations
The Wednesday morning market leaped up, seeing a higher probability for a dry end in the weather outlooks. V1-04 traded up to 347 NOK/MWh, before sagging back a few NOK. A Norwegian trader believed a 315-345ish range had been established, and did not expect the market to be willing to go further for the time being. A trader at a Norwegian production company also argued that the market lacks incentive to buy it much more up than this morning.
Energie & Management > Commentary - Market - Higher morning, lower expectations
Mittwoch, 29.10.2003, 11:53
E&M  Commentary
Market - Higher morning, lower expectations
The Wednesday morning market leaped up, seeing a higher probability for a dry end in the weather outlooks. V1-04 traded up to 347 NOK/MWh, before sagging back a few NOK. A Norwegian trader believed a 315-345ish range had been established, and did not expect the market to be willing to go further for the time being. A trader at a Norwegian production company also argued that the market lacks incentive to buy it much more up than this morning.
mehr
E&M  Commentary
Montag, 27.10.2003, 11:29
Market - Spectators
Prices are expectantly heading south in a Monday market in which most players have confined themselves to the role of spectator. V1-04 is down 2.50 NOK/MWh at 313.50.
Energie & Management > Commentary - Market - Spectators
Montag, 27.10.2003, 11:29
E&M  Commentary
Market - Spectators
Prices are expectantly heading south in a Monday market in which most players have confined themselves to the role of spectator. V1-04 is down 2.50 NOK/MWh at 313.50.

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