(powernews.org) - When the Monday market opened the absolute downside was confirmed, as the overall weather picture remains mild and wet. The bear market is full-size, and with expectations of up to another 9-10 TWh on top of the already well-filled reservoirs, the sad weather is doing wonders for the bears.
A Swedish trader said today that the market should not expect Summer02 to fall below a NOK 136-level, however, while a Norwegian trader argued that the prices we have seen earlier this winter were way too high, and that the fundamentally directed corrections now simply confirm a more sound price level. Simply fundamental
Montag, 4.02.2002, 12:04 Uhr
Sara Fagernes
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