The V2-04 contract started down 1 NOK today. So far it has been traded below yesterday’s very strong closing level at 309.50 NOK/MWh, which has only been seen once before.
– The market opened a bit down today, due to uncertainties in the forecasts. Now it is going down because the updated EC-forecast is wet in the end of the period, a Norwegian trader says. He thinks the market is fundamentally overpriced due to fear that the high pressure will not disappear.Another Norwegian trader says that it looks like the market is expectant on this level. So fa
Donnerstag, 12.08.2004, 11:44 Uhr
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