Prices have taken a real beating this morning on even wetter and milder weather forecasts than yesterday. The SO-05 contract has dropped below 186 NOK/MWh.
The summer season has now plunged almost 30 NOK/MWh in the last fortnight, prompting a Danish trader to argue that the slide has gone too far.– The sentiment is only pointing in one direction. Everyone in the market are panicking and selling, and the others have closed their positions for the year. I think if more players had been in the market now, we would have seen a bounce back
Dienstag, 28.12.2004, 11:59 Uhr
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