Phase two carbon allowances reached a five month high yesterday, while the oil market was nervous over developments in Nigeria and US gasoline supplies.
The December 2008 carbon contract climbed to a high of EUR 19.55/tonne yesterday, before calming down to a settlement price of 19.35, up 30 cents from Monday. Prices were said to be pushed up by strong demand from a German utility and two financial institutions, according to Point Carbon.Due to the 1 May public holiday over most of Europe, liquidity was thin with around 2.3 million allow
Mittwoch, 2.05.2007, 08:08 Uhr
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