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Commentary

Market - Not calling of the bear trend

Forecasts agree on much colder weather from the middle of next week, and this helped push the market up this morning. But movements are modest and traders powernews.org have spoken with say it is too early to call the bear trend off.
Resembling yesterday prices rose during opening hours at Nord Pool without exactly hitting for the roof. Summer 03 was last traded at NOK/MWh 201.65, which is up from yesterday’s close but lower than at noon yesterday. The weeks have also climbed, albeit on low volumes.Turning the trend? “There are some nervousness in the market today on whether the h
Freitag, 24.01.2003, 12:03 Uhr
© 2024 Energie & Management GmbH
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E&M  Commentary
Dienstag, 28.01.2003, 14:41
Market - Not chronically bull
The morning market fell on the absence of information of prolonged high-pressure activity. This week temperatures are dropping notably though, but there are few expectations that the spot will lift to or above 400 NOK/MWh. “Fears remain in the market, but in my view the weeks are priced too high,” a Norwegian trader said. According to an international trader the forward contracts are underpriced, since it’s a long way to go to fill the deficit gap.
Energie & Management > Commentary - Market - Not chronically bull
Dienstag, 28.01.2003, 14:41
E&M  Commentary
Market - Not chronically bull
The morning market fell on the absence of information of prolonged high-pressure activity. This week temperatures are dropping notably though, but there are few expectations that the spot will lift to or above 400 NOK/MWh. “Fears remain in the market, but in my view the weeks are priced too high,” a Norwegian trader said. According to an international trader the forward contracts are underpriced, since it’s a long way to go to fill the deficit gap.
mehr
E&M  Commentary
Donnerstag, 23.01.2003, 12:10
Market - Preparing for more winter
Possibilities of colder weather next week have lifted prices on Thursday and the weeks are up 40-50 NOK/MWh on yesterday. Summer 03 is also testing the upside today and was last traded at NOK 202.75.
Energie & Management > Commentary - Market - Preparing for more winter
Donnerstag, 23.01.2003, 12:10
E&M  Commentary
Market - Preparing for more winter
Possibilities of colder weather next week have lifted prices on Thursday and the weeks are up 40-50 NOK/MWh on yesterday. Summer 03 is also testing the upside today and was last traded at NOK 202.75.
Energie & Management > Commentary - Market - Not calling of the bear trend
zurück
Commentary
Market - Not calling of the bear trend
Forecasts agree on much colder weather from the middle of next week, and this helped push the market up this morning. But movements are modest and traders powernews.org have spoken with say it is too early to call the bear trend off.
Resembling yesterday prices rose during opening hours at Nord Pool without exactly hitting for the roof. Summer 03 was last traded at NOK/MWh 201.65, which is up from yesterday’s close but lower than at noon yesterday. The weeks have also climbed, albeit on low volumes.Turning the trend? “There are some nervousness in the market today on whether the h
Freitag, 24.01.2003, 12:03 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
mehr
E&M  Commentary
Dienstag, 28.01.2003, 14:41
Market - Not chronically bull
The morning market fell on the absence of information of prolonged high-pressure activity. This week temperatures are dropping notably though, but there are few expectations that the spot will lift to or above 400 NOK/MWh. “Fears remain in the market, but in my view the weeks are priced too high,” a Norwegian trader said. According to an international trader the forward contracts are underpriced, since it’s a long way to go to fill the deficit gap.
Energie & Management > Commentary - Market - Not chronically bull
Dienstag, 28.01.2003, 14:41
E&M  Commentary
Market - Not chronically bull
The morning market fell on the absence of information of prolonged high-pressure activity. This week temperatures are dropping notably though, but there are few expectations that the spot will lift to or above 400 NOK/MWh. “Fears remain in the market, but in my view the weeks are priced too high,” a Norwegian trader said. According to an international trader the forward contracts are underpriced, since it’s a long way to go to fill the deficit gap.
mehr
E&M  Commentary
Donnerstag, 23.01.2003, 12:10
Market - Preparing for more winter
Possibilities of colder weather next week have lifted prices on Thursday and the weeks are up 40-50 NOK/MWh on yesterday. Summer 03 is also testing the upside today and was last traded at NOK 202.75.
Energie & Management > Commentary - Market - Preparing for more winter
Donnerstag, 23.01.2003, 12:10
E&M  Commentary
Market - Preparing for more winter
Possibilities of colder weather next week have lifted prices on Thursday and the weeks are up 40-50 NOK/MWh on yesterday. Summer 03 is also testing the upside today and was last traded at NOK 202.75.

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