The Tuesday market opened up on slightly drier forecast, but the upside quickly lost momentum and prices stay around yesterday’s levels. A Swedish trader argued for more downside ahead, expecting the winter season to reach 315 NOK/MWh within a couple of weeks.
- I have been bearish for some time now, and I think we will see the market drop further. The gap between the December contract and the rest of the winter remains too high, and we will soon see January, February and March narrowing this gap settling perhaps in the 315 NOK/MWh area before any real buying interest is triggered. The winter season could reach 315 NOK/MWh in a couple of weeks, and p
Dienstag, 25.11.2003, 11:39 Uhr
© 2024 Energie & Management GmbH