The Thursday market opened down a few NOK, seeing that precipitation delivered the last 24 hours, and that more is expected today and ahead. “The weather is unsettled and the system is very vulnerable at the moment. Prices go too far in both directions,” a Norwegian trader argued. A Swedish trader said he didn’t have a clue what we’ll see next week.
The morning session traded down, as rain delivered last night and more is expected today. The Thursday market was in a Friday mood, however, with relatively thin volumes and little action. Players are far from convinced what we’ll see ahead. ImpossibleThe Swedish trader said he expected support to be presented at 235 NOK/MWh, which it did this morning, but for
Donnerstag, 19.06.2003, 11:46 Uhr
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