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Energie & Management > Commentary - Market - Strong, but would you go long?
Commentary

Market - Strong, but would you go long?

The Tuesday market lifted several NOK, and V2-03 traded up to 267 NOK/MWh during the morning session, seeing that the weather outlooks were drier. Turnover picked up from the exceptionally thin Monday, but all in all the market is in a holiday mode and not too difficult to drive, players argued. Both a Norwegian producer and a Swedish trader believed that prices should fall back from today’s level.
The autumn contract lifted towards last week’s high at 268.50 NOK/MWh as the weather forecasts were drier than yesterday, trading up to 267 NOK/MWh, while next week was back above 200 NOK/MWh. The trend as it stands this morning is bullish, but despite this, players we spoke with were not in a bullish mood. Here today, bear tomorrowThe Norwegian producer poi

Dienstag, 8.07.2003, 11:04 Uhr
Energie & Management > Commentary - Market - Strong, but would you go long?
Commentary
Market - Strong, but would you go long?
The Tuesday market lifted several NOK, and V2-03 traded up to 267 NOK/MWh during the morning session, seeing that the weather outlooks were drier. Turnover picked up from the exceptionally thin Monday, but all in all the market is in a holiday mode and not too difficult to drive, players argued. Both a Norwegian producer and a Swedish trader believed that prices should fall back from today’s level.
The autumn contract lifted towards last week’s high at 268.50 NOK/MWh as the weather forecasts were drier than yesterday, trading up to 267 NOK/MWh, while next week was back above 200 NOK/MWh. The trend as it stands this morning is bullish, but despite this, players we spoke with were not in a bullish mood. Here today, bear tomorrowThe Norwegian producer poi

Dienstag, 8.07.2003, 11:04 Uhr

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