The market is trading downwards today, after the last days’ lift. Players still believe that we are seeing a long term downtrend.
The V1-05 contract closed at 253.25 NOK/MWh yesterday. So far today the contract has traded some NOK down again. – The forecasts are slightly wetter and milder today, and we are also in a falling trend. That’s what we’re seeing now. The market is trickling further down, a Norwegian player explains.He mentions that the recent technical level of V1-05 has a bottom of 248.
Freitag, 26.11.2004, 11:43 Uhr
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