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Energie & Management > Commentary - Market - Status quo, ought to drop
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Commentary

Market - Status quo, ought to drop

The week started off sideways to marginally bearish with weather outlooks promising temperatures and precipitation above normal. The Monday system price was stronger than expected, however, and according to a Swedish trader the weekend weather forecast had been a big miss. An international trader said prices ought to drop.
The summer contract traded briefly down below 210 NOK/MWh this morning, but was taken back to 212 NOK/MWh on this first trading day in February. The January system price was more than half price compared to last year, fixed on average at 249.02 NOK/MWh, while last week was fixed at 250.50 NOK/MWh. Today’s spot came out on the strong side at 254.79 NOK/MWh, but the Swedish trader argued th
Montag, 2.02.2004, 11:37 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
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E&M  Commentary
Dienstag, 3.02.2004, 11:45
Market - Bearish, but not that bearish
The Tuesday morning market fell another couple of NOK, seeing the wet and mild weather outlooks. The summer contract traded down to 207 NOK/MWh at the lowest, and a Norwegian trader argued that the fact that prices didn’t fall more on the morning’s forecasts is a sign that it won’t break 200 NOK/MWh yet.
Energie & Management > Commentary - Market - Bearish, but not that bearish
Dienstag, 3.02.2004, 11:45
E&M  Commentary
Market - Bearish, but not that bearish
The Tuesday morning market fell another couple of NOK, seeing the wet and mild weather outlooks. The summer contract traded down to 207 NOK/MWh at the lowest, and a Norwegian trader argued that the fact that prices didn’t fall more on the morning’s forecasts is a sign that it won’t break 200 NOK/MWh yet.
mehr
E&M  Commentary
Freitag, 30.01.2004, 11:59
Market - Fifty-fifty
The Friday morning market was quiet and traded in the expected range. Players argued that Monday has potential in both directions, seeing ambiguous weather forecasts that at the same time are wet, mild and windy but possibly drying up at the end.
Energie & Management > Commentary - Market - Fifty-fifty
Freitag, 30.01.2004, 11:59
E&M  Commentary
Market - Fifty-fifty
The Friday morning market was quiet and traded in the expected range. Players argued that Monday has potential in both directions, seeing ambiguous weather forecasts that at the same time are wet, mild and windy but possibly drying up at the end.
Energie & Management > Commentary - Market - Status quo, ought to drop
zurück
Commentary
Market - Status quo, ought to drop
The week started off sideways to marginally bearish with weather outlooks promising temperatures and precipitation above normal. The Monday system price was stronger than expected, however, and according to a Swedish trader the weekend weather forecast had been a big miss. An international trader said prices ought to drop.
The summer contract traded briefly down below 210 NOK/MWh this morning, but was taken back to 212 NOK/MWh on this first trading day in February. The January system price was more than half price compared to last year, fixed on average at 249.02 NOK/MWh, while last week was fixed at 250.50 NOK/MWh. Today’s spot came out on the strong side at 254.79 NOK/MWh, but the Swedish trader argued th
Montag, 2.02.2004, 11:37 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
mehr
E&M  Commentary
Dienstag, 3.02.2004, 11:45
Market - Bearish, but not that bearish
The Tuesday morning market fell another couple of NOK, seeing the wet and mild weather outlooks. The summer contract traded down to 207 NOK/MWh at the lowest, and a Norwegian trader argued that the fact that prices didn’t fall more on the morning’s forecasts is a sign that it won’t break 200 NOK/MWh yet.
Energie & Management > Commentary - Market - Bearish, but not that bearish
Dienstag, 3.02.2004, 11:45
E&M  Commentary
Market - Bearish, but not that bearish
The Tuesday morning market fell another couple of NOK, seeing the wet and mild weather outlooks. The summer contract traded down to 207 NOK/MWh at the lowest, and a Norwegian trader argued that the fact that prices didn’t fall more on the morning’s forecasts is a sign that it won’t break 200 NOK/MWh yet.
mehr
E&M  Commentary
Freitag, 30.01.2004, 11:59
Market - Fifty-fifty
The Friday morning market was quiet and traded in the expected range. Players argued that Monday has potential in both directions, seeing ambiguous weather forecasts that at the same time are wet, mild and windy but possibly drying up at the end.
Energie & Management > Commentary - Market - Fifty-fifty
Freitag, 30.01.2004, 11:59
E&M  Commentary
Market - Fifty-fifty
The Friday morning market was quiet and traded in the expected range. Players argued that Monday has potential in both directions, seeing ambiguous weather forecasts that at the same time are wet, mild and windy but possibly drying up at the end.

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