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Energie & Management > Commentary - Nordic Market - Weather gives market the shivers
Commentary

Nordic Market - Weather gives market the shivers

Most signals are still regarded as bullish, and forward prices are heading further north this morning. Market players stress the high level of uncertainty, but find it most sensible to ride the uptrend until the weather outlooks change.
“A lot of players probably think the market has gone too far, but there have been some dramatic changes as well. I believe prices from Q2-06 and forward could increase further,” says Sigve Ekeland at Lyse Handel.February has shot up this week, and must get cold to justify the current market price. However, one cold week could be enough, he says. “The system price jumps

Freitag, 20.01.2006, 12:18 Uhr
Redaktion
Energie & Management > Commentary - Nordic Market - Weather gives market the shivers
Commentary
Nordic Market - Weather gives market the shivers
Most signals are still regarded as bullish, and forward prices are heading further north this morning. Market players stress the high level of uncertainty, but find it most sensible to ride the uptrend until the weather outlooks change.
“A lot of players probably think the market has gone too far, but there have been some dramatic changes as well. I believe prices from Q2-06 and forward could increase further,” says Sigve Ekeland at Lyse Handel.February has shot up this week, and must get cold to justify the current market price. However, one cold week could be enough, he says. “The system price jumps

Freitag, 20.01.2006, 12:18 Uhr
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