“I feel that the V2-04 is turning into a speculative bubble that may sooner or later burst,” a Norwegian trader said this morning.
In a very quiet forenoon market, the V2-04 opened down at 298.50 NOK/MWh in the OTC market before recovering to yesterday´s strong closing price of 300. According to a Norwegian trader, the price is too high given that forecasts remain wet and plenty of rain has been delivered the last week.“The price on the V2-04 is not based on the fundamental situation. It is all down to a marke
Freitag, 18.06.2004, 11:55 Uhr
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