Advertisement
News
Advertisement

EU carbon back below 14 euros as gas, power drop

Wed, 07/21/2010 - 7:26am
Reuters

LONDON (Reuters) - European Union carbon permit prices, pressured by weak prices for German power and UK gas, fell back below 14 euros a tonne on low liquidity on Wednesday afternoon, a week after the futures hit a three-month low.

EU Allowance futures for December delivery dropped to 13.90 euros a tonne by 1312 GMT, down 33 cents or 2.3 percent, after treading above 14 euros through most of the day.

Volume was light at around 7,900 lots traded by 1415 GMT.

SOURCE

Advertisement

Share this Story

X
You may login with either your assigned username or your e-mail address.
The password field is case sensitive.
Loading