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Energie & Management > Commentary - Nordic Market - Just strong or too strong?
Commentary

Nordic Market - Just strong or too strong?

The forenoon market saw the summer contract trade between 239.50 and 242, and players characterized the market as strong this morning. The work on the Baltic cable is expected to lift the Friday spot.
- The market is strong and we recognise that the summer contract was quickly taken back up above 240 NOK/MWh after trading some NOK below this week. In my view the present price-level is a little too high but there is a considerably buying interest here nevertheless. The market naturally expects the Friday spot to become strong due to the work on the Baltic cable, but that in itself shouldnR

Donnerstag, 1.04.2004, 12:16 Uhr
Energie & Management > Commentary - Nordic Market - Just strong or too strong?
Commentary
Nordic Market - Just strong or too strong?
The forenoon market saw the summer contract trade between 239.50 and 242, and players characterized the market as strong this morning. The work on the Baltic cable is expected to lift the Friday spot.
- The market is strong and we recognise that the summer contract was quickly taken back up above 240 NOK/MWh after trading some NOK below this week. In my view the present price-level is a little too high but there is a considerably buying interest here nevertheless. The market naturally expects the Friday spot to become strong due to the work on the Baltic cable, but that in itself shouldnR

Donnerstag, 1.04.2004, 12:16 Uhr

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