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Energie & Management > Commentary - Nordic Market - Bear today...
Commentary

Nordic Market - Bear today...

The Tuesday market took prices down, the summer contract to 234.50 NOK/MWh after the 241 NOK/MWh visit yesterday. A trader at a Norwegian production company didn’t necessarily see that prices would continue down from this level, while another trader said he really didn’t have a clue where the market was heading from here.
Players had power to sell this morning, seeing that the weather outlooks were somewhat less bullish again, but little was plain as to where prices are actually going. Not that bearishThe trader at the production company argued that the weather forecasts this morning didn’t give promise of any great changes ahead.- These kinds of highs tend to stay for

Dienstag, 9.03.2004, 11:51 Uhr
Energie & Management > Commentary - Nordic Market - Bear today...
Commentary
Nordic Market - Bear today...
The Tuesday market took prices down, the summer contract to 234.50 NOK/MWh after the 241 NOK/MWh visit yesterday. A trader at a Norwegian production company didn’t necessarily see that prices would continue down from this level, while another trader said he really didn’t have a clue where the market was heading from here.
Players had power to sell this morning, seeing that the weather outlooks were somewhat less bullish again, but little was plain as to where prices are actually going. Not that bearishThe trader at the production company argued that the weather forecasts this morning didn’t give promise of any great changes ahead.- These kinds of highs tend to stay for

Dienstag, 9.03.2004, 11:51 Uhr

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