Forward prices in the Nordic market opened up this morning mainly on dry weather forecasts. Activity is modest and players say the weather serves as basis for speculation.
“Prices opened north this morning because the forecasts show a dry trend, especially towards the end of the period. Nobody wants to risk being short on Monday if it turns out this dry trend lingers, so therefore they buy rather than sell,” a Norwegian trader comments.Like yesterday, the weather forecasts are once again a little drier and players agree on this being the main
Freitag, 28.10.2005, 11:30 Uhr
Redaktion
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