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Energie & Management > Commentary - Nordic Market - Strong start to week
Commentary

Nordic Market - Strong start to week

The Nordic power market is strengthening Monday morning. However, market players see no clear fundamental reasons to push prices further up although weather forecasts are marginally drier and colder than before the weekend.
Q2-07 is being traded at the top of the range, with the highest trade seen at EUR 28.00 this morning. The contract has come off slightly again, last changing hands at EUR 27.80, up 65 cents from Friday.“The quarterly contract remains within the range, and so there are no technical buy signals. The forecasts are a bit drier than on Friday, which might be why the market is firming. I

Montag, 29.01.2007, 11:39 Uhr
Redaktion
Energie & Management > Commentary - Nordic Market - Strong start to week
Commentary
Nordic Market - Strong start to week
The Nordic power market is strengthening Monday morning. However, market players see no clear fundamental reasons to push prices further up although weather forecasts are marginally drier and colder than before the weekend.
Q2-07 is being traded at the top of the range, with the highest trade seen at EUR 28.00 this morning. The contract has come off slightly again, last changing hands at EUR 27.80, up 65 cents from Friday.“The quarterly contract remains within the range, and so there are no technical buy signals. The forecasts are a bit drier than on Friday, which might be why the market is firming. I

Montag, 29.01.2007, 11:39 Uhr
Redaktion

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