The bull was apparent on Wednesday; carbon appears to be approaching the EUR 20/t mark while oil traded above USD 50 in both New York and London.
A major bullish signal for the CO2 market on Wednesday was confirmation from the EU Commission that Italy would cut an annual 23m tones from its NAP. One player said the country was now “massively short”.Record high UK gas prices were also an additional bullish factor further widening the gas to coal differential, said market players. “At the moment the carbon market is
Donnerstag, 26.05.2005, 09:12 Uhr
Redaktion
© 2024 Energie & Management GmbH