Forward prices are staying in familiar territory this morning, trading slightly up from yesterday’s close. Spot prices may drop a few NOK for tomorrow due to lower consumption.
The fundamental picture has not changed much from yesterday, and the forwards are trading more or less in the same territory as earlier in the week. Liquidity is also very low this morning, with a turnover of only 0.5 TWh at Nord Pool so far.– Forecasts are slightly drier today, but there are not any strong news in the market. Prices are moving to and fro, a Norwegian trader said.
Donnerstag, 28.10.2004, 11:50 Uhr
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