The Tuesday morning market fell a couple of NOK due to less dry weather forecasts. That didn’t impress a Norwegian trader much, however, who argued that there wouldn’t be any significant price reductions before solid amounts of precipitation are delivered.
- There isn’t all that much information to take prices down on, but not unexpectedly it corrects a couple of NOK. I think the market needs more fear to lift prices further, and the fact that it is just less dry outlooks than yesterday isn’t enough to take it much down. Generally I think the market is in a wait and see mood, and today, depending on the input we receive in the course
Dienstag, 23.03.2004, 11:45 Uhr
© 2024 Energie & Management GmbH