"Heaps of rain is delivering and the spot is going to collapse completely. Even NO1 is going down the basement this time," a Norwegian trader argued.
Continued wet weather outlooks and water delivery beyond expectations took the morning market down a few NOK. A Norwegian trader was convinced that the spot has sinking ballast on right now.- The spot should be down at 180 NOK/MWh tomorrow, and 150 NOK/MWh is too expensive for the weekend. How low it actually will get now isn’t easy to estimate, but NO1 is going down the basement
Donnerstag, 6.05.2004, 11:51 Uhr
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