Prices traded slightly north this morning, and a Norwegian trader sensed the market sentiment is now turning from bearish to bullish.
With the weather turning cold and dry tomorrow, players believe the Friday system price will rise from today’s 220.18 NOK/MWh. – The system price will be of great interest. Normally it should go down since it is Friday. But it is getting colder and my guess is 222 NOK/MWh, the Norwegian trader said. He expected the spot would stay strong into next week, possibly reaching 235
Donnerstag, 7.10.2004, 11:56 Uhr
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