Carbon record rally continued on Wednesday as the 2005 vintage hit the EUR 25 mark. Crude oil´s retreat from Monday´s peak levels continued as a surprise rise in US inventories pushed the market further south.
Carbon prices soared again yesterday as the market opened at EUR 23.70, before rapidly rocketing up to the 25 level. An intra-day high of 25.15 was recorded at the ECX where volumes were also high, with over 705,000/t traded in the 2005 vintage alone. Players mentioned the continuing drought in Spain as the main price driver. An analyst also dismissed talk of the widening gas to coal dif
Donnerstag, 30.06.2005, 09:32 Uhr
Redaktion
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