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Commentary

Market - Northern breeze

The Wednesday market resumed its northern path from yesterday pushing all contracts confortably up. Next week traded last at NOK/MWh 255 (+5.25) and Summer 03 was last traded at NOK 227.25 (+2). Today’s lift is mainly contributed to colder forecast for next week and repositioning.
“We have had a sharp fall recently where most of the expected precipitation have been absorbed in the prices. It is therefore natural that prices flatten out now and trade sideways. The market is trading slightly up though today, and I think this is mainly due to colder forecast for next week,” said a Norwegian trader.Temperatures are expected to fall below normal during the
Mittwoch, 26.03.2003, 11:49 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
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E&M  Commentary
Donnerstag, 27.03.2003, 11:53
Market - Down, but...
The market turned down again today seeing the nearest week drop 5-7 NOK/MWh and the Summer 03 down back in the NOK 227-228 area. Players powernews.org spoke to this morning attributed the fall to wetter and warmer forecast for early next week. But the forwards should eventually continue up, they held.
Energie & Management > Commentary - Market - Down, but...
Donnerstag, 27.03.2003, 11:53
E&M  Commentary
Market - Down, but...
The market turned down again today seeing the nearest week drop 5-7 NOK/MWh and the Summer 03 down back in the NOK 227-228 area. Players powernews.org spoke to this morning attributed the fall to wetter and warmer forecast for early next week. But the forwards should eventually continue up, they held.
mehr
E&M  Commentary
Dienstag, 25.03.2003, 12:06
Market - Spring bear going bull?
The Tuesday market was lifted with weather forecasts pointing towards lower temperatures. Possibly the spot has reached the bottom for now, traders said, but held chances open that there is still more to take out on the downside. Reports of little snow in the mountains keep coming in, and the price regime after the melting keeps the market uncertain.
Energie & Management > Commentary - Market - Spring bear going bull?
Dienstag, 25.03.2003, 12:06
E&M  Commentary
Market - Spring bear going bull?
The Tuesday market was lifted with weather forecasts pointing towards lower temperatures. Possibly the spot has reached the bottom for now, traders said, but held chances open that there is still more to take out on the downside. Reports of little snow in the mountains keep coming in, and the price regime after the melting keeps the market uncertain.
Energie & Management > Commentary - Market - Northern breeze
zurück
Commentary
Market - Northern breeze
The Wednesday market resumed its northern path from yesterday pushing all contracts confortably up. Next week traded last at NOK/MWh 255 (+5.25) and Summer 03 was last traded at NOK 227.25 (+2). Today’s lift is mainly contributed to colder forecast for next week and repositioning.
“We have had a sharp fall recently where most of the expected precipitation have been absorbed in the prices. It is therefore natural that prices flatten out now and trade sideways. The market is trading slightly up though today, and I think this is mainly due to colder forecast for next week,” said a Norwegian trader.Temperatures are expected to fall below normal during the
Mittwoch, 26.03.2003, 11:49 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
mehr
E&M  Commentary
Donnerstag, 27.03.2003, 11:53
Market - Down, but...
The market turned down again today seeing the nearest week drop 5-7 NOK/MWh and the Summer 03 down back in the NOK 227-228 area. Players powernews.org spoke to this morning attributed the fall to wetter and warmer forecast for early next week. But the forwards should eventually continue up, they held.
Energie & Management > Commentary - Market - Down, but...
Donnerstag, 27.03.2003, 11:53
E&M  Commentary
Market - Down, but...
The market turned down again today seeing the nearest week drop 5-7 NOK/MWh and the Summer 03 down back in the NOK 227-228 area. Players powernews.org spoke to this morning attributed the fall to wetter and warmer forecast for early next week. But the forwards should eventually continue up, they held.
mehr
E&M  Commentary
Dienstag, 25.03.2003, 12:06
Market - Spring bear going bull?
The Tuesday market was lifted with weather forecasts pointing towards lower temperatures. Possibly the spot has reached the bottom for now, traders said, but held chances open that there is still more to take out on the downside. Reports of little snow in the mountains keep coming in, and the price regime after the melting keeps the market uncertain.
Energie & Management > Commentary - Market - Spring bear going bull?
Dienstag, 25.03.2003, 12:06
E&M  Commentary
Market - Spring bear going bull?
The Tuesday market was lifted with weather forecasts pointing towards lower temperatures. Possibly the spot has reached the bottom for now, traders said, but held chances open that there is still more to take out on the downside. Reports of little snow in the mountains keep coming in, and the price regime after the melting keeps the market uncertain.

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