The market was down at open but prices were lifted a little during a thin forenoon session. A Norwegian trader said the market considered the present level difficult and uncertain. A Swedish trader believed the market would be faced with a high pressure soon.
The Norwegian trader argued that there were no big interests in the market at the moment either, in line with a general lack of new impulses.– It’s very quiet and the level is difficult for the traders. The market seems somewhat long, but there’s been some hedging sale taking place and with the one low following the other - but without precipitation delivering - it̵
Mittwoch, 16.06.2004, 11:45 Uhr
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