Prices on CO2 allowances continued to rise slowly yesterday despite falling prices on oil and UK gas prices for the winter. However, oil prices are rising this morning on concerns that US fuel inventories have taken a real beating by hurricane Katrina.
Compliance trading was cited as the main price driver in the carbon market yesterday, according to Point Carbon. Contracts for 2005 delivery on the ECX finished the day at 24.40 EUR/MWh, while the corresponding contract at Nord Pool rose by 15 cents to a last trade of 24.45 EUR/MWh. Spot prices remained around the same level.Good volumes were seen in the market, with 1.15 million tonnes
Donnerstag, 8.09.2005, 08:41 Uhr
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