The market opened down this morning on milder weather forecasts. The Wednesday spot is predicted to fall significantly and the sentiment is “wait and see”.
“The market is still spot- and weather driven to a large extent and since we saw milder weather forecasts today, the market opened down consequently,” says a Norwegian trader. He argues that the whole market is priced a little too high, but that most of the downside potential is in the front products.“It’s possible the summer contract will come down a few n
Dienstag, 15.03.2005, 11:27 Uhr
Redaktion
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