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Commentary

Nordic Market - V2-05 strengthens in quiet market

There are no significant new price signals today, but the few contracts that have been traded at Nord Pool have increased from Wednesday’s close. The market is described as very thin, because a lot of players have taken the Friday off after yesterday’s public holiday.
“German prices are up today, and that leads to increased buyer interest at Nord Pool. Besides that, there are no new signals. The market is very thin, and the movements may just be a result of traders closing positions before the weekend,” a Swedish player told Montel Powernews. “Weather forecasts are somewhat drier than Wednesday, and the market is mainly correcting up
Freitag, 6.05.2005, 11:39 Uhr
Redaktion
© 2024 Energie & Management GmbH
Energie & Management > Commentary - Nordic Market - V2-05 strengthens in quiet market
zurück
Commentary
Nordic Market - V2-05 strengthens in quiet market
There are no significant new price signals today, but the few contracts that have been traded at Nord Pool have increased from Wednesday’s close. The market is described as very thin, because a lot of players have taken the Friday off after yesterday’s public holiday.
“German prices are up today, and that leads to increased buyer interest at Nord Pool. Besides that, there are no new signals. The market is very thin, and the movements may just be a result of traders closing positions before the weekend,” a Swedish player told Montel Powernews. “Weather forecasts are somewhat drier than Wednesday, and the market is mainly correcting up
Freitag, 6.05.2005, 11:39 Uhr
Redaktion
© 2024 Energie & Management GmbH

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