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Energie & Management > Commentary - Nordic Market - Expensive days ahead
Commentary

Nordic Market - Expensive days ahead

Falling temperatures and possibilities of soaring spot prices are the main reasons for rising prices at Nord Pool. Input from Germany and the fuel markets are also regarded as somewhat bullish this morning.
“The market is firm, just as it should be. Prices were in my opinion pushed unnaturally far down earlier this week, and so it makes sense that they are lifted again,” says one trader.Even though some signals have been bearish this week, they could not explain the drop Tuesday afternoon, he says. The selling side acted aggressively, and he suspects that it could be connected t

Donnerstag, 2.02.2006, 11:44 Uhr
Redaktion
Energie & Management > Commentary - Nordic Market - Expensive days ahead
Commentary
Nordic Market - Expensive days ahead
Falling temperatures and possibilities of soaring spot prices are the main reasons for rising prices at Nord Pool. Input from Germany and the fuel markets are also regarded as somewhat bullish this morning.
“The market is firm, just as it should be. Prices were in my opinion pushed unnaturally far down earlier this week, and so it makes sense that they are lifted again,” says one trader.Even though some signals have been bearish this week, they could not explain the drop Tuesday afternoon, he says. The selling side acted aggressively, and he suspects that it could be connected t

Donnerstag, 2.02.2006, 11:44 Uhr
Redaktion

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