With the bearish fundamentals intact, the market dropped another level today pushing the winter season down to 313 NOK/MWh. Prices adjusted up later in the morning though and an international trader believed the market had reached a temporary floor.
The winter season opened at 315 NOK/MWh in the OTC market today, which is NOK 40 lower than last Monday. According to an international trader, that may be enough for now.- With the present weather outlooks, I don’t think prices will fall any further today. Mild temperatures have pushed prices down lately, and the fact that the market fell on Friday shows that there is a more firm
Montag, 8.12.2003, 12:04 Uhr
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