The Thursday morning market was lifted to new all time highs for the fourth consecutive day, and week 50 and 51 was taken up to 1,000 NOK/MWh, while V1-03 had a volatility of 120 NOK. A number of melting plants in Norway have now stopped their production, the Friday spot is possibly going to disappoint the market, general fear, and the feeling that this was enough for this week, took the morning peaks down considerably. Players we have spoken with today believe the market will ride the storm off.
SenseThe agitation and crisis-like situation we have witnessed the last few days was somewhat calmed down today, a sensible reaction according to one player. “We can’t have 100 or 200 NOK price lifts every day,” he put forth, and also encouraged traders to call their friends: - We can net against each oth
Donnerstag, 5.12.2002, 12:24 Uhr
Sara Fagernes
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