Carbon has broken the resistance level of EUR 21/t on large buying interest from the utilities, whilst oil is losing slightly in value on the back of lower summer supply fears.
After a quiet trading day on the carbon market with the bellwether December 08 trading between EUR 20.80/t and EUR 20.40/t on the ECX, prices skyrocketed in the late hours of trading on Monday. The market players were perplexed by the sudden gain in prices, but utilities were said to be buying at the end of the session, according to Point Carbon. The contract gained 85 cents to EUR 21.15/t on M
Dienstag, 31.07.2007, 08:05 Uhr
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