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Energie & Management > Commentary - Market - Still strong, but for how long?
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Commentary

Market - Still strong, but for how long?

After a weak opening, forward prices rose steadily throughout the day finishing around yesterday´s closing levels. The Wednesday system price came out on the stronger side of expectations at NOK/MWh 225.29 (+8.16), and helped lift he market this afternoon.
- I think the market opened down today mainly due to heavy precipitation in Southern Norway. But in general there are very few changes from yesterday. Forecasts are similar expecting a high pressure for the rest of this week. I think prices will continue to rise unless forecasts turn wetter, said a trader with a Swedish producer.Almost 2 TWh of precipitation energy were delivered over So
Dienstag, 24.06.2003, 16:10 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
mehr
E&M  Commentary
Mittwoch, 25.06.2003, 11:48
Market - Bear? Not yet
Heavy rain yesterday and more bearish forecasts has not been enough to turn the bull market this morning. The V2-03 contract stays above NOK 250 in a market that is thin on liquidity.
Energie & Management > Commentary - Market - Bear? Not yet
Mittwoch, 25.06.2003, 11:48
E&M  Commentary
Market - Bear? Not yet
Heavy rain yesterday and more bearish forecasts has not been enough to turn the bull market this morning. The V2-03 contract stays above NOK 250 in a market that is thin on liquidity.
mehr
E&M  Commentary
Dienstag, 24.06.2003, 11:58
Market - Not as high
The Tuesday market opened down on profit taking and less bullish forecast. But prices have slowly regained strength during morning hours, and a Norwegian trader said today’s opening prices were just a correction to the bull trend, not an end to it.
Energie & Management > Commentary - Market - Not as high
Dienstag, 24.06.2003, 11:58
E&M  Commentary
Market - Not as high
The Tuesday market opened down on profit taking and less bullish forecast. But prices have slowly regained strength during morning hours, and a Norwegian trader said today’s opening prices were just a correction to the bull trend, not an end to it.
Energie & Management > Commentary - Market - Still strong, but for how long?
zurück
Commentary
Market - Still strong, but for how long?
After a weak opening, forward prices rose steadily throughout the day finishing around yesterday´s closing levels. The Wednesday system price came out on the stronger side of expectations at NOK/MWh 225.29 (+8.16), and helped lift he market this afternoon.
- I think the market opened down today mainly due to heavy precipitation in Southern Norway. But in general there are very few changes from yesterday. Forecasts are similar expecting a high pressure for the rest of this week. I think prices will continue to rise unless forecasts turn wetter, said a trader with a Swedish producer.Almost 2 TWh of precipitation energy were delivered over So
Dienstag, 24.06.2003, 16:10 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
mehr
E&M  Commentary
Mittwoch, 25.06.2003, 11:48
Market - Bear? Not yet
Heavy rain yesterday and more bearish forecasts has not been enough to turn the bull market this morning. The V2-03 contract stays above NOK 250 in a market that is thin on liquidity.
Energie & Management > Commentary - Market - Bear? Not yet
Mittwoch, 25.06.2003, 11:48
E&M  Commentary
Market - Bear? Not yet
Heavy rain yesterday and more bearish forecasts has not been enough to turn the bull market this morning. The V2-03 contract stays above NOK 250 in a market that is thin on liquidity.
mehr
E&M  Commentary
Dienstag, 24.06.2003, 11:58
Market - Not as high
The Tuesday market opened down on profit taking and less bullish forecast. But prices have slowly regained strength during morning hours, and a Norwegian trader said today’s opening prices were just a correction to the bull trend, not an end to it.
Energie & Management > Commentary - Market - Not as high
Dienstag, 24.06.2003, 11:58
E&M  Commentary
Market - Not as high
The Tuesday market opened down on profit taking and less bullish forecast. But prices have slowly regained strength during morning hours, and a Norwegian trader said today’s opening prices were just a correction to the bull trend, not an end to it.

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