With no immediate spring in sight, the forwards market is adjusting back up again this morning. A sharp decline in reservoir levels and strong continental prices keep prices on a firm level.
“I can’t see any strong fundamental reasons why the market is heading up again today. The forecasts are a little drier and colder next week, but mostly I think we are witnessing a correction to the fall earlier this week,” says trader Atle Sørsdal at Hafslund.The summer contract, that closed at 190.75 NOK/MWh yesterday, has changed hands 3-4 NOK higher this morning, and
Mittwoch, 9.03.2005, 11:40 Uhr
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