Nordic forward prices are both up and down this morning due to a lack of direction, according to market players. There is a significant price discrepancy between the front products and those further out.
“Prices are neutral, neither high nor low, which makes it uninteresting to trade. This lack of direction creates a level of uncertainty about where prices are heading, putting most players in a wait and see mode. Activity is low and will most likely remain so until we get new fundamental information,” says an analyst. Weeks 45 and 47 have both lost 2 NOK while Week 50 has gai
Dienstag, 1.11.2005, 11:25 Uhr
Redaktion
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