Thursday opened down as the weather forecasts showed that there is more precipitation in the coming. Players believe in continued price drops ahead, but don’t see a huge downside since the hydrological situation evidently isn’t very good.
The morning market was relatively calm, but prices fell as the morning’s weather forecasts pointed in a continued bearish direction. Familiar rangeA Norwegian player said that the summer contract would very likely remain in a well-known range for the rest of this week.- The morning fall was quite good, and we have returned to the 220-230 NOK/MWh range
Donnerstag, 11.03.2004, 13:40 Uhr
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