While the price of CO2 allowances eased for the fourth day in a row, crude oil prices gained largely on the back of rising Chinese demand and geo-political concerns.
The price of carbon softened by almost one euro on Tuesday, with the December 06 contract ending the day at EUR 17.70/tonne on both the ECX and Nord Pool.Some players argued that German power was the chief factor for falling carbon prices. One broker said: “German power could be driving the CO2 market”. Another trader was of the view that the market was correcting downwards l
Mittwoch, 31.05.2006, 08:02 Uhr
Redaktion
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