The Nordic market weakens further today, as a result of several bearish signals. However, there are a lot of uncertain factors in the market that contribute to keep activity down, according to traders.
Per-Arne Austli at Norwegian producer BKK believes that the market will stay volatile because there are a lot of uncertain factors in the market. “Prices are weakening due to lower oil prices, falling prices in the German market, plus wet forecasts. We are in a wide range, from around 270 to almost 300 NOK/MWh on the V2-05 contract. It is difficult to predict the exact downside or
Donnerstag, 12.05.2005, 11:45 Uhr
Redaktion
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