The pattern repeats itself and there is nothing stopping the market from moving further north as the underlying strength is continuously confirmed by dry and cool weather prognoses. “It is impossible to predict the top here, any high figure could be correct. We just have to make sure that we don’t start selling out too soon,” a Norwegian trader argued. Presently the figures speak for themselves: V1-03 has traded up from 298.00 NOK/MWh Friday afternoon to 357.00 NOK/MWh at the highest today.
New World“Any high figure could be correct,” the Norwegian trader said about the future state of the market. He held that it is not yet time to start selling, as there is no new capacity coming in on the present price level, and the trend is evident:- People have forgotten that it was really narrow in the door on the last massive correction, but now the d
Mittwoch, 20.11.2002, 12:11 Uhr
Sara Fagernes
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