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Marktkommentar Nordic

Market - Winter2 stuck in a narrow range

The Winter2 contract are slowly following the weeks up on Tuesday while the other forwards are heading the other direction. Movements are low, and an international trader didn’t expect any big changes on the Winter2 towards delivery, but held that the Year03 and Summer03 are priced some NOK 5 and 10-15 too high accordingly.
Today’s system price of NOK 180.92 (-2.93) gave room for some corrections in the market Monday afternoon, and the Winter2 contract closed at NOK 182.25, down NOK 1.25 from its opening level. “The Winter2 contract is very much supported by the spot, and I find it probable that it will stay in its current range until delivery. The Year03 and Winter1-03 are more likely to drop some NOK
Dienstag, 3.09.2002, 12:09 Uhr
Olav Vilnes
© 2024 Energie & Management GmbH
Olav Vilnes
Olav Vilnes
Mehr zum Thema
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E&M  Marktkommentar Nordic
Mittwoch, 4.09.2002, 12:01
Market - Heading South, Year 03 below NOK 166
The market is trading in the red on Wednesday with the Winter2 following the system price down, and Year03 breaking through the support level of NOK 167.50. A Norwegian producer believes prices have reached the top for the time being, while an analyst expects prices to strengthen again next week when the weather turns dry again.
Energie & Management > Marktkommentar Nordic - Market - Heading South, Year 03 below NOK 166
Mittwoch, 4.09.2002, 12:01
E&M  Marktkommentar Nordic
Market - Heading South, Year 03 below NOK 166
The market is trading in the red on Wednesday with the Winter2 following the system price down, and Year03 breaking through the support level of NOK 167.50. A Norwegian producer believes prices have reached the top for the time being, while an analyst expects prices to strengthen again next week when the weather turns dry again.
mehr
E&M  Marktkommentar Nordic
Montag, 2.09.2002, 12:19
Market - Expectant Monday
Following several busy and bullish weeks, the market has opened silent and cautious today. Most contracts opened more or less where they closed on Friday, and has been trading sideways throughout the morning. A Swedish trader explained today’s quietness with an overbought Winter2 contract and a strong system price.
Energie & Management > Marktkommentar Nordic - Market - Expectant Monday
Montag, 2.09.2002, 12:19
E&M  Marktkommentar Nordic
Market - Expectant Monday
Following several busy and bullish weeks, the market has opened silent and cautious today. Most contracts opened more or less where they closed on Friday, and has been trading sideways throughout the morning. A Swedish trader explained today’s quietness with an overbought Winter2 contract and a strong system price.
Energie & Management > Marktkommentar Nordic - Market - Winter2 stuck in a narrow range
zurück
Marktkommentar Nordic
Market - Winter2 stuck in a narrow range
The Winter2 contract are slowly following the weeks up on Tuesday while the other forwards are heading the other direction. Movements are low, and an international trader didn’t expect any big changes on the Winter2 towards delivery, but held that the Year03 and Summer03 are priced some NOK 5 and 10-15 too high accordingly.
Today’s system price of NOK 180.92 (-2.93) gave room for some corrections in the market Monday afternoon, and the Winter2 contract closed at NOK 182.25, down NOK 1.25 from its opening level. “The Winter2 contract is very much supported by the spot, and I find it probable that it will stay in its current range until delivery. The Year03 and Winter1-03 are more likely to drop some NOK
Dienstag, 3.09.2002, 12:09 Uhr
Olav Vilnes
© 2024 Energie & Management GmbH
Olav Vilnes
Olav Vilnes
Mehr zum Thema
mehr
E&M  Marktkommentar Nordic
Mittwoch, 4.09.2002, 12:01
Market - Heading South, Year 03 below NOK 166
The market is trading in the red on Wednesday with the Winter2 following the system price down, and Year03 breaking through the support level of NOK 167.50. A Norwegian producer believes prices have reached the top for the time being, while an analyst expects prices to strengthen again next week when the weather turns dry again.
Energie & Management > Marktkommentar Nordic - Market - Heading South, Year 03 below NOK 166
Mittwoch, 4.09.2002, 12:01
E&M  Marktkommentar Nordic
Market - Heading South, Year 03 below NOK 166
The market is trading in the red on Wednesday with the Winter2 following the system price down, and Year03 breaking through the support level of NOK 167.50. A Norwegian producer believes prices have reached the top for the time being, while an analyst expects prices to strengthen again next week when the weather turns dry again.
mehr
E&M  Marktkommentar Nordic
Montag, 2.09.2002, 12:19
Market - Expectant Monday
Following several busy and bullish weeks, the market has opened silent and cautious today. Most contracts opened more or less where they closed on Friday, and has been trading sideways throughout the morning. A Swedish trader explained today’s quietness with an overbought Winter2 contract and a strong system price.
Energie & Management > Marktkommentar Nordic - Market - Expectant Monday
Montag, 2.09.2002, 12:19
E&M  Marktkommentar Nordic
Market - Expectant Monday
Following several busy and bullish weeks, the market has opened silent and cautious today. Most contracts opened more or less where they closed on Friday, and has been trading sideways throughout the morning. A Swedish trader explained today’s quietness with an overbought Winter2 contract and a strong system price.

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