Prices are cautiously sagging south in a quiet Monday market, but traders are waiting for more precipitation to be delivered before the summer starts testing the 220 level again.
- It is a typical wait and see market today. Forecasts are mild and wet, and the trend is down. But we need more precipitation delivered before there will be any big movements. The front has to lead the way before the forwards follow down. A couple of rainy days should bring the summer down below 220 and perhaps as far as 210. Then we could also see the year 2005 contract down a couple of NOK,
Montag, 15.03.2004, 11:21 Uhr
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