Prices are plunging Wednesday morning, with losses of 1-2 euros seen across the board. Tumbling carbon prices is the main driver, while somewhat wet forecasts are contributing to the fall.
“We are witnessing a correction at Nord Pool, triggered by emissions and the weather. German power prices are dropping as well, but the Nordic market have come off more. With such a significant fall, players are forced to taking stop losses,” a trader in Oslo says.Carbon allowances for December-06 delivery dropped to EUR 25 in early trade, but the contract last changed hands
Mittwoch, 26.04.2006, 11:09 Uhr
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