The carbon market strengthened yesterday, mainly as a result of stronger gas and weaker coal prices. Oil prices gained again, after taking a dip on Wednesday.
Carbon allowances surged past EUR 24/tonne yesterday, after being traded in a 23.20-23.65 range during the first three days of the week. At Nord Pool, the 2005 vintage closed at EUR 24.25/tonne, up 0.65 on Wednesday’s settlement. The strengthening prices are attributed to higher gas and lower coal prices. In addition, the German power prices rose, with Cal 06 base trading above the EUR 44
Freitag, 2.09.2005, 08:56 Uhr
Redaktion
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