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Energie & Management > Commentary - Nordic Market - A correction
Commentary

Nordic Market - A correction

The Wednesday forenoon market was slightly bullish to begin with, and the summer contract was lifted a NOK. The weather outlooks had not turned wetter since yesterday, but they weren’t much drier this morning either, players agreed.
- The summer contract could begin to narrow down its range as it enters the last trading month. Today prices were lifted slightly as a consequence of marginally drier weather outlooks, but back and forth trading is probably what we’ll see until a weather trend settles, a Swedish trader said. He hoped that the trend that eventually is established this spring and summer would be of t

Mittwoch, 31.03.2004, 12:19 Uhr
Energie & Management > Commentary - Nordic Market - A correction
Commentary
Nordic Market - A correction
The Wednesday forenoon market was slightly bullish to begin with, and the summer contract was lifted a NOK. The weather outlooks had not turned wetter since yesterday, but they weren’t much drier this morning either, players agreed.
- The summer contract could begin to narrow down its range as it enters the last trading month. Today prices were lifted slightly as a consequence of marginally drier weather outlooks, but back and forth trading is probably what we’ll see until a weather trend settles, a Swedish trader said. He hoped that the trend that eventually is established this spring and summer would be of t

Mittwoch, 31.03.2004, 12:19 Uhr

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