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Commentary

Market - Truth or dare?

Players agreed this morning that there are no fundamental reasons for the lift witnessed yesterday and today. “Weather forecasts are soaking wet, but the market is thin and easy to drive,” a Swedish player said. “I think there’s a lot of ‘must-do-trading’ taking place, and few players dare to sell at the moment,” a Swedish trader argued.
V2-03 was up 6.50 NOK this morning, trading up to 294.50 NOK/MWh at the highest, and the contract is now possibly on its way to test 300 NOK/MWh before the weekend. Players said today that the lift is not based on fundamentals, but at the same time saw the fear-factor that lies in the resource situation.A man´s got to do...The Swedish trader maintained that the ra
Mittwoch, 23.07.2003, 11:33 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
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E&M  Commentary
Donnerstag, 24.07.2003, 12:04
Market - Fundamentally correct or not...
The morning market was thin and bearish, correcting down a few NOK at open but strengthening a little during morning hours. “At least the market is going in the fundamentally correct direction,” a Norwegian player said. A Swedish player on the other hand believed that prices would shoot up again when the industrial holidays come to an end.
Energie & Management > Commentary - Market - Fundamentally correct or not...
Donnerstag, 24.07.2003, 12:04
E&M  Commentary
Market - Fundamentally correct or not...
The morning market was thin and bearish, correcting down a few NOK at open but strengthening a little during morning hours. “At least the market is going in the fundamentally correct direction,” a Norwegian player said. A Swedish player on the other hand believed that prices would shoot up again when the industrial holidays come to an end.
mehr
E&M  Commentary
Dienstag, 22.07.2003, 11:00
Market - Precipitation, precipitation, precipitation
Prices opened marginally down this morning, seeing that weather forecasts were very wet. Turnover was again summer-thin today, when V2-03 traded down to 278 NOK/MWh, before strengthening throughout the morning hours, lifting to 282.50 NOK/MWh. NENA said that precipitation governs the market this summer, and will continue to control what happens in the short as well as the long term.
Energie & Management > Commentary - Market - Precipitation, precipitation, precipitation
Dienstag, 22.07.2003, 11:00
E&M  Commentary
Market - Precipitation, precipitation, precipitation
Prices opened marginally down this morning, seeing that weather forecasts were very wet. Turnover was again summer-thin today, when V2-03 traded down to 278 NOK/MWh, before strengthening throughout the morning hours, lifting to 282.50 NOK/MWh. NENA said that precipitation governs the market this summer, and will continue to control what happens in the short as well as the long term.
Energie & Management > Commentary - Market - Truth or dare?
zurück
Commentary
Market - Truth or dare?
Players agreed this morning that there are no fundamental reasons for the lift witnessed yesterday and today. “Weather forecasts are soaking wet, but the market is thin and easy to drive,” a Swedish player said. “I think there’s a lot of ‘must-do-trading’ taking place, and few players dare to sell at the moment,” a Swedish trader argued.
V2-03 was up 6.50 NOK this morning, trading up to 294.50 NOK/MWh at the highest, and the contract is now possibly on its way to test 300 NOK/MWh before the weekend. Players said today that the lift is not based on fundamentals, but at the same time saw the fear-factor that lies in the resource situation.A man´s got to do...The Swedish trader maintained that the ra
Mittwoch, 23.07.2003, 11:33 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
mehr
E&M  Commentary
Donnerstag, 24.07.2003, 12:04
Market - Fundamentally correct or not...
The morning market was thin and bearish, correcting down a few NOK at open but strengthening a little during morning hours. “At least the market is going in the fundamentally correct direction,” a Norwegian player said. A Swedish player on the other hand believed that prices would shoot up again when the industrial holidays come to an end.
Energie & Management > Commentary - Market - Fundamentally correct or not...
Donnerstag, 24.07.2003, 12:04
E&M  Commentary
Market - Fundamentally correct or not...
The morning market was thin and bearish, correcting down a few NOK at open but strengthening a little during morning hours. “At least the market is going in the fundamentally correct direction,” a Norwegian player said. A Swedish player on the other hand believed that prices would shoot up again when the industrial holidays come to an end.
mehr
E&M  Commentary
Dienstag, 22.07.2003, 11:00
Market - Precipitation, precipitation, precipitation
Prices opened marginally down this morning, seeing that weather forecasts were very wet. Turnover was again summer-thin today, when V2-03 traded down to 278 NOK/MWh, before strengthening throughout the morning hours, lifting to 282.50 NOK/MWh. NENA said that precipitation governs the market this summer, and will continue to control what happens in the short as well as the long term.
Energie & Management > Commentary - Market - Precipitation, precipitation, precipitation
Dienstag, 22.07.2003, 11:00
E&M  Commentary
Market - Precipitation, precipitation, precipitation
Prices opened marginally down this morning, seeing that weather forecasts were very wet. Turnover was again summer-thin today, when V2-03 traded down to 278 NOK/MWh, before strengthening throughout the morning hours, lifting to 282.50 NOK/MWh. NENA said that precipitation governs the market this summer, and will continue to control what happens in the short as well as the long term.

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