Forward prices moved cautiously upwards this morning because of drier weather forecasts for next week. But in the last hour, prices have come down again to yesterday´s closing levels. Spot prices will probably sink further for tomorrow.
The SO-05 contract has traded up at 206 NOK/MWh earlier this morning, but has later dropped a few NOK to a last trade of 203.50 (+/-0).“For the time being it seems as if the summer will be ranging between 190 and 208 NOK/MWh. But if the market is to break out of this range, I find it most probably that it will do so on the downside,” says trader Sigve Ekeland at Lyse Energi.
Mittwoch, 16.03.2005, 12:21 Uhr
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