The Nordic market opened up this morning after the Friday fall. During the morning trading hours, prices have continued climbing and the summer contract is now well above 260 NOK/MWh again.
“The Friday fall was entirely a technical correction. There are no fundamental data supporting the fall what so ever. What we saw is an unusual movement; with the products further out on the curve falling more than those closer on the curve,” a Swedish trader says. He argues that prices gained again this morning on fundamentally bullish indicators and a strong spot. “We
Montag, 25.04.2005, 12:12 Uhr
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