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Energie & Management > Commentary - Nordic Market - Couldn’t get much drier
Commentary

Nordic Market - Couldn’t get much drier

The Friday market was up a couple of NOK, seeing that the weather forecasts had turned drier again. Not very surprising, players said this morning.
- The lift this morning was according to expectations. Some probably believed prices would come up even more, but since the forecasts couldn’t get much drier than this morning the market probably expects the ones presented in the course of the day to turn wetter again. During the afternoon I think sellers will come in, but the present is the level we should be trading at until Easter, a N

Freitag, 2.04.2004, 11:48 Uhr
Energie & Management > Commentary - Nordic Market - Couldn’t get much drier
Commentary
Nordic Market - Couldn’t get much drier
The Friday market was up a couple of NOK, seeing that the weather forecasts had turned drier again. Not very surprising, players said this morning.
- The lift this morning was according to expectations. Some probably believed prices would come up even more, but since the forecasts couldn’t get much drier than this morning the market probably expects the ones presented in the course of the day to turn wetter again. During the afternoon I think sellers will come in, but the present is the level we should be trading at until Easter, a N

Freitag, 2.04.2004, 11:48 Uhr

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