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Energie & Management > Commentary - Market - The sentiment
Commentary

Market - The sentiment

The Tuesday market opened up a couple of NOK, but very little initiative was shown on both sides this morning. A Norwegian player argued that the market would remain in a range for yet some time. According to an international trader the sentiment has become more bearish.
People are not buying like fools as soon as they see dry forecasts anymore, which I take to mean that the sentiment has become more bearish. We are leaving the winter behind now, some precipitation is actually being delivered and the Nordics remain on imports, the international trader said. New regimeThe market is in for a price regime change now, he continued.

Dienstag, 2.03.2004, 11:51 Uhr
Energie & Management > Commentary - Market - The sentiment
Commentary
Market - The sentiment
The Tuesday market opened up a couple of NOK, but very little initiative was shown on both sides this morning. A Norwegian player argued that the market would remain in a range for yet some time. According to an international trader the sentiment has become more bearish.
People are not buying like fools as soon as they see dry forecasts anymore, which I take to mean that the sentiment has become more bearish. We are leaving the winter behind now, some precipitation is actually being delivered and the Nordics remain on imports, the international trader said. New regimeThe market is in for a price regime change now, he continued.

Dienstag, 2.03.2004, 11:51 Uhr

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