Carbon allowances keep dropping in value, while crude oil prices are firming.
Prices for carbon allowances fell for the fourth day in a row Thursday. The December 2008 contract settled at EUR 19.79/tonne on the ICE ECX platform, 88 cents below the previous close. The contract saw intraday movements from EUR 20.55 down to EUR 19.45, which is the lowest price since 10 May. The fall is mainly caused by financial institutions selling, players say. In addition, German
Freitag, 13.07.2007, 08:03 Uhr
Redaktion
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