The morning market started off carefully with a marginal lift, seeing confirmed dry weather outlooks. "There is little new input here, so the market is spinning around itself at the moment," a Norwegian trader said.
- The price level is in accordance with current analyses, and to see prices elsewhere the hydrological balance would have to change or something would have to happen on the supply or demand side. The spot curve is stuck, the producers seem content, and the summer contract keeps bumping into the ceiling as long as the spot is not lifted. It’s not possible to get the summer contract much do
Mittwoch, 3.03.2004, 11:54 Uhr
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