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Energie & Management > Marktkommentar Nordic - Market - Return to senses
Marktkommentar Nordic

Market - Return to senses

The market started slowing down during morning hour trading after seeing SO2 opening up at NOK 129/130 with high turnover. With unchanged or marginally drier forecasts, a continued lift seemed to be on the agenda, but sellers entered the stage quickly and took it down to NOK 125, before it climbed to the 127s.
Traders today seem to agree that yesterday was an overreaction, and now hold that there will be a steady fall from here, at the same time as pros and cons are being considered regarding the direction ahead. Above all measureWith yesterday’s considerable lift, Wednesday calmed down as players came to terms with the fundamental situation, a Swedish trader ar

Mittwoch, 3.04.2002, 12:12 Uhr
Sara Fagernes
Energie & Management > Marktkommentar Nordic - Market - Return to senses
Marktkommentar Nordic
Market - Return to senses
The market started slowing down during morning hour trading after seeing SO2 opening up at NOK 129/130 with high turnover. With unchanged or marginally drier forecasts, a continued lift seemed to be on the agenda, but sellers entered the stage quickly and took it down to NOK 125, before it climbed to the 127s.
Traders today seem to agree that yesterday was an overreaction, and now hold that there will be a steady fall from here, at the same time as pros and cons are being considered regarding the direction ahead. Above all measureWith yesterday’s considerable lift, Wednesday calmed down as players came to terms with the fundamental situation, a Swedish trader ar

Mittwoch, 3.04.2002, 12:12 Uhr
Sara Fagernes

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