The market opened down several notches this morning on a weaker spot than expected. The bellwether SO-05 contract opened at 232 NOK/MWh which is 7 NOK below its peak on Friday.
“There are two reasons why the market opened down this morning. Firstly, the Monday spot was lower than expected. Secondly, we’ll see precipitation levels above normal the next few days,” a Danish trader says. He argues that there are especially two things that attract a lot of attention right now: Will it continue to rain and what will the CO2 quotas be for the Check R
Montag, 11.04.2005, 11:46 Uhr
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