The market opened up this morning on the back of a strong CO2 market and dry weather forecasts. V2-05 opened above yesterday’s close at 306 NOK/MWh but players do not expect it to break the resistance level of 310 NOK/MWh this week.
The V2-05 contract has so far traded in the range 307-309 NOK/MWh today and market players argue that the downside is limited due to the bullish oil-and CO2 markets. However, they also argue that the contract probably will not break the 310-level this week. The contract traded last at 309.50 NOK/MWh.“The sell side is strong right now around 308 NOK/MWh. If we get a really dry forec
Donnerstag, 1.09.2005, 11:30 Uhr
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