Prices are adjusting up this morning, but the V1-05 contract remains below 260 NOK/MWh.
– We are seeing a small recoil, but it is far from dramatic. I think it is mostly due to profit taking and perhaps also the slightly drier forecasts, a Swedish trader said.Prices fell heavily across the board yesterday, with the V1-05 breaking well below the 262 support level to close at a nine month low of 258. Today, the contract is adjusting north, trading last at 259.
Donnerstag, 11.11.2004, 11:53 Uhr
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