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Commentary

Market - "Reality catching up with the market"

The split between the high centred GFS and low centred EC kept the market at bay this morning, and the V1-04 contract was lifted just a couple of NOK. But the weather remains mild, precipitation is being realized and prices are too high, a Norwegian and a Swedish player agreed this morning.
The trader at a Norwegian production company argued that the current prices would have to come down. The only factor that could keep prices up is a blocking high, while everything else points south.- The risk premium is too high in the winter contract, but reality is catching up with the market. It’s mild, precipitation is delivering right now, and consequently the spot is weak. Th
Mittwoch, 3.12.2003, 11:53 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
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E&M  Commentary
Donnerstag, 4.12.2003, 11:48
Market - Low theme
The wet weather outlooks took the V1-04 contract further down from the weak close yesterday. A Swedish trader argued that prices would continue down form the current 330-level as well, but that players were a little cautious here since today’s very wet EC prognosis quite likely would be less wet tomorrow.
Energie & Management > Commentary - Market - Low theme
Donnerstag, 4.12.2003, 11:48
E&M  Commentary
Market - Low theme
The wet weather outlooks took the V1-04 contract further down from the weak close yesterday. A Swedish trader argued that prices would continue down form the current 330-level as well, but that players were a little cautious here since today’s very wet EC prognosis quite likely would be less wet tomorrow.
mehr
E&M  Commentary
Dienstag, 2.12.2003, 11:53
Market - A question of bearish time
The Tuesday market continued down, seeing more mild weather, no high pressure and ok inflows. “It keeps sliding down, and it’s just a question of time before it collapses,” a Norwegian trader said.
Energie & Management > Commentary - Market - A question of bearish time
Dienstag, 2.12.2003, 11:53
E&M  Commentary
Market - A question of bearish time
The Tuesday market continued down, seeing more mild weather, no high pressure and ok inflows. “It keeps sliding down, and it’s just a question of time before it collapses,” a Norwegian trader said.
Energie & Management > Commentary - Market -
zurück
Commentary
Market - "Reality catching up with the market"
The split between the high centred GFS and low centred EC kept the market at bay this morning, and the V1-04 contract was lifted just a couple of NOK. But the weather remains mild, precipitation is being realized and prices are too high, a Norwegian and a Swedish player agreed this morning.
The trader at a Norwegian production company argued that the current prices would have to come down. The only factor that could keep prices up is a blocking high, while everything else points south.- The risk premium is too high in the winter contract, but reality is catching up with the market. It’s mild, precipitation is delivering right now, and consequently the spot is weak. Th
Mittwoch, 3.12.2003, 11:53 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
mehr
E&M  Commentary
Donnerstag, 4.12.2003, 11:48
Market - Low theme
The wet weather outlooks took the V1-04 contract further down from the weak close yesterday. A Swedish trader argued that prices would continue down form the current 330-level as well, but that players were a little cautious here since today’s very wet EC prognosis quite likely would be less wet tomorrow.
Energie & Management > Commentary - Market - Low theme
Donnerstag, 4.12.2003, 11:48
E&M  Commentary
Market - Low theme
The wet weather outlooks took the V1-04 contract further down from the weak close yesterday. A Swedish trader argued that prices would continue down form the current 330-level as well, but that players were a little cautious here since today’s very wet EC prognosis quite likely would be less wet tomorrow.
mehr
E&M  Commentary
Dienstag, 2.12.2003, 11:53
Market - A question of bearish time
The Tuesday market continued down, seeing more mild weather, no high pressure and ok inflows. “It keeps sliding down, and it’s just a question of time before it collapses,” a Norwegian trader said.
Energie & Management > Commentary - Market - A question of bearish time
Dienstag, 2.12.2003, 11:53
E&M  Commentary
Market - A question of bearish time
The Tuesday market continued down, seeing more mild weather, no high pressure and ok inflows. “It keeps sliding down, and it’s just a question of time before it collapses,” a Norwegian trader said.

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