Prices have strengthened from Tuesday’s close, and Q3-06 has gained EUR 1.55 to last trade at 41.30. Market players still regard the unpredictable CO2 market as the main driver, and expect high uncertainty in both carbon and power markets until 15 May.
The price development for carbon allowances is very uncertain, but one Norwegian player believes it could stay above EUR 10 until 15 May, and then possibly drop. This morning, allowances for December-06 delivery have gained 70 cents to last change hands EUR 12.10 at the ECX. “Even if the value of CO2 is set at zero, Q3-06 is in our prognoses underpriced. Still, it is risky to go ag
Mittwoch, 3.05.2006, 11:30 Uhr
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