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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