It was another mostly bearish day in the fuel and carbon markets yesterday, and the benchmark 2008 carbon contract closed at EUR 18.63/tonne at the ECX, down 55 cents day on day.
Carbon was kept around the EUR 19 mark before noon, but then started to fall as it was under pressure from a bearish German power market, players said."German power got given so much this morning, carbon collapsed under its weight. It had to give in sooner or later," one trader told Point Carbon.In the German power market, the Cal 08 base contract dropped 55 cents on the EEX to cl
Donnerstag, 23.08.2007, 08:28 Uhr
Redaktion
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