Volatility was up in the carbon market as allowance prices came down close to EUR1.5 in yesterday´s trading session. The softening of oil prices continued, UK gas market was cited as bearish and thin, while small movements were seen in coal.
Prices on the European carbon allowance market saw a major drop yesterday with the IPE/ECX 2005 vintage seeing an intraday volatility of 1.45. The contract opened at 23.40, came down to 22 sharp and settled at 22.10. At Nord Pool the same vintage closed at 22.25, after trading in a range of 23.25-22.50. The OTC market saw the lion’s share of the volumes on Monday with some 1.4 million all
Dienstag, 13.09.2005, 08:31 Uhr
Redaktion
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