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EU carbon falls on euro, Greek debt worries

Fri, 05/07/2010 - 1:25am
Reuters

LONDON (Reuters) - European carbon prices fell on Friday, pulled lower by ongoing worries over the euro and the Greek debt crisis, traders said.

EU Allowance futures for delivery in December opened at 16 euros and fell as low as 15.71 euros a tonne in early trade, down 48 cents or 3 percent, before clawing back above 16 euro mark.

The benchmark futures were trading down 9 cents or 0.6 percent at 16.10 euros by 0710 GMT.

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