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Energie & Management > Commentary - Nordic Market - Indecisive weather
Commentary

Nordic Market - Indecisive weather

Nordic power prices are strengthening this morning. Market players emphasise the importance of the weather development, and currently, the forecasts are very uncertain and fluctuating.
“Prices came off quite a bit just before closing yesterday, probably caused by one player adjusting his positions. The volumes were pretty big and the seller rather aggressive, and Q2-06 was pushed down to 40.40. This morning we are back at the levels seen earlier yesterday,” says one trader.The firm tendency this morning was caused by slightly colder and drier forecasts. How

Mittwoch, 1.02.2006, 11:17 Uhr
Redaktion
Energie & Management > Commentary - Nordic Market - Indecisive weather
Commentary
Nordic Market - Indecisive weather
Nordic power prices are strengthening this morning. Market players emphasise the importance of the weather development, and currently, the forecasts are very uncertain and fluctuating.
“Prices came off quite a bit just before closing yesterday, probably caused by one player adjusting his positions. The volumes were pretty big and the seller rather aggressive, and Q2-06 was pushed down to 40.40. This morning we are back at the levels seen earlier yesterday,” says one trader.The firm tendency this morning was caused by slightly colder and drier forecasts. How

Mittwoch, 1.02.2006, 11:17 Uhr
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