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Nordic forwards are climbing further on Wednesday morning on the back of cold and dry forecasts and the market is approaching "uncharted territory", traders said....

The Q1-11 contract had climbed EUR 1.69 day on day to an all-time high of EUR 60.39/MWh. Meanwhile, the week 47 contract had gained EUR 1.75 to EUR 61.50/MWh,... (... However, it was worth remembering that record-high...)

Wet weather forecasts and a softer spot price level continued to push the front end of the Nordic power curve down Tuesday morning. But prices are currently...

The bellwether Q3-08 contract fell to EUR 49.75/MWh in early trade, down 1.35 day on day and more than four euros lower than the peak from Friday. However, prices... (... the curve. I cannot remember any period where...)

Prices fell at the opening due to wetter forecasts, but then the market regained strength. Players see few bearish signals in the short term, while the Q3-08 price...

The nearest week contracts have gained around two euros, while May is up EUR 1.50 at EUR 39.80. "The contract for May is the key. It is very hard to say what... (... the market is remembering last summer,...)

Fear of a long lasting high pressure pushed the market to August highs this morning, seeing V1-04 open at 333 NOK/MWh. That was too high, the market decided, and...

Yet another dry forecast has provoked nerves in a market remembering very well what happened last year. But market players powernews.org spoke to this... (... nerves in a market remembering very well what...)

(powernews.org) - Prices have jumped up and down this morning, but there is no clear direction in the market as players are anticipating new signals to trade on....

A surprisingly weak system price took much of the downside out of the market yesterday afternoon, and most contracts have traded above and below yesterday´s... (... on the upside. Remember, in 5-6 weeks we...)

Prospects of a high-pressure next week pushed the market further up this morning. V2-03 has jumped through NOK 300 to trade last at NOK 302.25, and Year 04 has...

- We are balancing on a knife-edge. At the moment producers are in control. But only a 4-5 TWh improvement of the resource situation will trigger off competition... (... involved with players remembering what happened...)

The Monday morning session was in a bearish, thin state and the autumn contract gapped down 6 NOK at open. More rain and a weak spot are the factors that cause...

High amounts of precipitation are priced into the present curve, and the trend is clearly pointing south. The rain seen in today´s weather forecasts will have... (... here too, as we all remember the winter we are...)

A weekend short of rain and continuous dry forecast pushed the market further up on Monday. Too far, many felt, and prices started to head south again during...

The strong bullish movements from last week continued this morning with the SO-03 opening at NOK 235.50 at Nord Pool, the highest price since 17 March. "Forecasts... (... prices. We have to remember that the SO-03 was...)

The Wednesday morning market opened thin and flat as weather forecasts were unchanged from yesterday, but the forward curve showed strength and was up a few NOKs...

The market lifted at open and fell back towards noon as has become somewhat customary lately. The fundamentals are more or less unchanged from yesterday, however,... (... the way to 300, but remembering how quickly it...)

The Monday morning market opened up as weather forecasts again are pushing the lows further into the future. The summer contract traded around 230 NOK/MWh as a...

Relatively high temperatures are decelerating the Block4 products that have been split into weeks. At the same time the low pressure seen in the forecasts for... (... long term. We should remember that normal amounts...)

The Thursday market was bullish as the weather outlooks swung back to drier and cooler, and players we spoke with this morning denied the existence of a substantial...

Tight After yesterday´s substantial drop, the Thursday morning market was lifted back up. Players we spoke with this morning held that the hydro balance does... (... lift it. We should remember that all thermal...)

The Monday morning market was extremely thin, a consequence of high meeting activity as NECH Friday notified its members of a 50% risk interval increase. In...

Little time, a lot of money On the outside, the Monday power market was a quiet affair, but with the margin increase posted by NECH Friday, we can only imagine... (... now. We should remember that the cost of...)

With extremely dry and cool weather outlooks, the Monday market gapped up strongly and V1-03 was up almost 20 NOK. And as the hydrological balance is falling to...

It´s a question of time Repeating last Monday, this week opened gapping up strongly and today´s open was as relentless on the upside as the weather forecasts... (... 600 NOK/MWh: - I remember talking about the...)

The Thursday market was as calm and flat as the Oslo Fjord this morning, and little new input was brought ashore. Weatherwise players are awaiting something new...

Do you remember? An Oslo based trader we spoke with this morning was bullish for what is to come, while another Norwegian trader was somewhat bearish as... (Do you remember? An Oslo based...)

After some brave attempts to lift the market on dry forecasts and a strong spot yesterday, the thin Friday morning market dropped on more normal weather outlooks....

In the quiet morning market players continue to argue in favour of a downside, as the drier weather conditions will once more be followed by more precipitation. ... (... however, but we should remember that Winter2 has...)

The Tuesday market continued its correction this morning, and another couple of NOKs were seen on the downside due to an overbought market and outlooks of more...

For now The international trader pointed out that a week ago the autumn contract was NOK 176, while in the meantime the hydrological balance has not improved,... (... be over. We have to remember that we have had...)

Another thin, flat morning market was seen today, as little input has been brought to the trading floors. Traders argue this morning that the market sentiment is...

Bingo With bingo weather forecasts players seem to have given up on taking positions before the weekend. A London based trader argued that there simply isn´t... (... however, everyone remembers what they believed...)

(powernews.org) - The Friday market opened slightly up as weather forecasts are confirming a somewhat drier end of the period. In a thin morning market, traders...

An international trader was of the opinion that we may be entering a sideways scenario for a while, while a Norwegian producer said that the dry scenario must... (... think, and we must remember that there are...)