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Energie & Management > Commentary - Nordic Market - At the bottom of the range
Commentary

Nordic Market - At the bottom of the range

Nordic prices opened down this morning and have continued trading at the bottom of the 295-314 range throughout the morning session. However, players say that the most likely scenario is for prices to increase again soon, despite the fact that most signals are bearish today.
“If market players manage to keep the V2-05 within the range 295-314, it is most likely that prices will strengthen again. Quite a lot of bid side has come forth at 303.5-304 NOK/MWh,” says a Norwegian trader.Yesterday afternoon, the forward curve started sloping; something which has spilled over to today’s trading activities as well. Players agree that there are more b

Dienstag, 6.09.2005, 11:20 Uhr
Redaktion
Energie & Management > Commentary - Nordic Market - At the bottom of the range
Commentary
Nordic Market - At the bottom of the range
Nordic prices opened down this morning and have continued trading at the bottom of the 295-314 range throughout the morning session. However, players say that the most likely scenario is for prices to increase again soon, despite the fact that most signals are bearish today.
“If market players manage to keep the V2-05 within the range 295-314, it is most likely that prices will strengthen again. Quite a lot of bid side has come forth at 303.5-304 NOK/MWh,” says a Norwegian trader.Yesterday afternoon, the forward curve started sloping; something which has spilled over to today’s trading activities as well. Players agree that there are more b

Dienstag, 6.09.2005, 11:20 Uhr
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