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Energie & Management > Marktkommentar Nordic - Market - Never mind the bull?
Marktkommentar Nordic

Market - Never mind the bull?

With a system price well above expectations Monday, the market was lifted in both the futures and forward contracts. The spot lift has been in the air for a while, a Norwegian trader held this morning, and saw no other reason for its arrival today than production tactics.
He also argued that with the current weather forecasts, Winter2 in particular should be led steadily back down to a NOK 165/168 range throughout the week. An international trader argued in favour of a continued forward upside from here. As expectedCompared to last week there are few fundamental changes that should lift the spot so significantly today, a Norwegian tr

Montag, 27.05.2002, 12:12 Uhr
Sara Fagernes
Energie & Management > Marktkommentar Nordic - Market - Never mind the bull?
Marktkommentar Nordic
Market - Never mind the bull?
With a system price well above expectations Monday, the market was lifted in both the futures and forward contracts. The spot lift has been in the air for a while, a Norwegian trader held this morning, and saw no other reason for its arrival today than production tactics.
He also argued that with the current weather forecasts, Winter2 in particular should be led steadily back down to a NOK 165/168 range throughout the week. An international trader argued in favour of a continued forward upside from here. As expectedCompared to last week there are few fundamental changes that should lift the spot so significantly today, a Norwegian tr

Montag, 27.05.2002, 12:12 Uhr
Sara Fagernes

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