The reality of a carbon constrained energy market was solidly confirmed again last week as CO2 prices surged to new record highs on the back of cheaper coal and more expensive gas.
The bearish mood on the forward coal market continued for the second week in a row last week with average Friday-to-Friday losses of one dollar on the next four quarter contracts and around 1.50 on the years of the API#2 curve. The midpoint of the Q3 contract lost 65 cents over the week to 63.85 on Friday, up from a week-low of 62.50 on Wednesday. Q4 drifted down 1.25 over the week to cl
Montag, 23.05.2005, 08:21 Uhr
Redaktion
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