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Energie & Management > Commentary - Market - Staying bullish
Commentary

Market - Staying bullish

Yesterday’s downside proved to be just a correction to the strong bull trend, and when today’s forecast also showed a slightly drier scenario, the forwards headed north again. V2-03 has been traded at NOK/MWh 269 today, its highest price since January 3.
“Yesterday’s movements were down to more damp forecasts and a correction to the strong lift Tuesday. Today, forecasts are slightly drier and it is also getting milder again next week. The only thing that can push the market down now is a collapse in the system price, but this seems unlikely,” said a Norwegian traderThe Thursday system price of NOK 250 was according to e

Donnerstag, 24.04.2003, 11:43 Uhr
Energie & Management > Commentary - Market - Staying bullish
Commentary
Market - Staying bullish
Yesterday’s downside proved to be just a correction to the strong bull trend, and when today’s forecast also showed a slightly drier scenario, the forwards headed north again. V2-03 has been traded at NOK/MWh 269 today, its highest price since January 3.
“Yesterday’s movements were down to more damp forecasts and a correction to the strong lift Tuesday. Today, forecasts are slightly drier and it is also getting milder again next week. The only thing that can push the market down now is a collapse in the system price, but this seems unlikely,” said a Norwegian traderThe Thursday system price of NOK 250 was according to e

Donnerstag, 24.04.2003, 11:43 Uhr

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