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Commentary

Market - Spot driven

Prices continue to trade down on Tuesday as the Monday spot price was weaker than expected and forecasts turned milder and wetter. A Norwegian producer felt the market was too much driven by the spot now, and said new buying possibilities are created on many of the forwards.
A weak system price of NOK/MWh 236.54 (-8.75) gave the market incentives to head further south yesterday afternoon. Week 15 closed as low as NOK 222 while Summer 03 broke through the NOK 219-221 resistance area closing at 217.75.Today, prices opened a level further south with Summer 03 opening at 214, its lowest price since 11 February. The other forwards are also trading at February lev
Dienstag, 1.04.2003, 11:48 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
mehr
E&M  Commentary
Mittwoch, 2.04.2003, 11:50
Market - Bouncing back
Expectations of cold and dry weather lifted the Wednesday market up some NOKs from yesterday continuing the movements it started yesterday afternoon. Summer 03 was last traded at NOK/MWh 219.50, up NOK 7 from its lowest trade yesterday.
Energie & Management > Commentary - Market - Bouncing back
Mittwoch, 2.04.2003, 11:50
E&M  Commentary
Market - Bouncing back
Expectations of cold and dry weather lifted the Wednesday market up some NOKs from yesterday continuing the movements it started yesterday afternoon. Summer 03 was last traded at NOK/MWh 219.50, up NOK 7 from its lowest trade yesterday.
mehr
E&M  Commentary
Montag, 31.03.2003, 12:10
Market - Too bearish?
The market opened the week in a bearish state seeing the weeks down 12-18 NOK/MWh from Friday and the forwards approaching their lows from last Monday. “It is hard to find any fundamental explanations for the sharp fall. I think it is mainly due to psychology”, said a Norwegian analyst. At noon, most contracts had adjusted some NOKs up.
Energie & Management > Commentary - Market - Too bearish?
Montag, 31.03.2003, 12:10
E&M  Commentary
Market - Too bearish?
The market opened the week in a bearish state seeing the weeks down 12-18 NOK/MWh from Friday and the forwards approaching their lows from last Monday. “It is hard to find any fundamental explanations for the sharp fall. I think it is mainly due to psychology”, said a Norwegian analyst. At noon, most contracts had adjusted some NOKs up.
Energie & Management > Commentary - Market - Spot driven
zurück
Commentary
Market - Spot driven
Prices continue to trade down on Tuesday as the Monday spot price was weaker than expected and forecasts turned milder and wetter. A Norwegian producer felt the market was too much driven by the spot now, and said new buying possibilities are created on many of the forwards.
A weak system price of NOK/MWh 236.54 (-8.75) gave the market incentives to head further south yesterday afternoon. Week 15 closed as low as NOK 222 while Summer 03 broke through the NOK 219-221 resistance area closing at 217.75.Today, prices opened a level further south with Summer 03 opening at 214, its lowest price since 11 February. The other forwards are also trading at February lev
Dienstag, 1.04.2003, 11:48 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
mehr
E&M  Commentary
Mittwoch, 2.04.2003, 11:50
Market - Bouncing back
Expectations of cold and dry weather lifted the Wednesday market up some NOKs from yesterday continuing the movements it started yesterday afternoon. Summer 03 was last traded at NOK/MWh 219.50, up NOK 7 from its lowest trade yesterday.
Energie & Management > Commentary - Market - Bouncing back
Mittwoch, 2.04.2003, 11:50
E&M  Commentary
Market - Bouncing back
Expectations of cold and dry weather lifted the Wednesday market up some NOKs from yesterday continuing the movements it started yesterday afternoon. Summer 03 was last traded at NOK/MWh 219.50, up NOK 7 from its lowest trade yesterday.
mehr
E&M  Commentary
Montag, 31.03.2003, 12:10
Market - Too bearish?
The market opened the week in a bearish state seeing the weeks down 12-18 NOK/MWh from Friday and the forwards approaching their lows from last Monday. “It is hard to find any fundamental explanations for the sharp fall. I think it is mainly due to psychology”, said a Norwegian analyst. At noon, most contracts had adjusted some NOKs up.
Energie & Management > Commentary - Market - Too bearish?
Montag, 31.03.2003, 12:10
E&M  Commentary
Market - Too bearish?
The market opened the week in a bearish state seeing the weeks down 12-18 NOK/MWh from Friday and the forwards approaching their lows from last Monday. “It is hard to find any fundamental explanations for the sharp fall. I think it is mainly due to psychology”, said a Norwegian analyst. At noon, most contracts had adjusted some NOKs up.

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