Thu, Oct 2, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Environmental Trading more

Carbon may rise 44pct on EU vote for surplus fix, Jefferies says

Posted on 16 April 2013

European Union carbon allowance prices may jump as much as 44 percent if the bloc’s parliament votes in favor of a plan to temporarily cut a surplus, according to Jefferies Group Inc.
Allowances for delivery in December may increase by more than 2 euros ($2.62) a metric ton should the European Parliament approve the measure to postpone the sale of some permits, said Matthew Gray, an analyst for Jefferies in London. EU carbon rose 1 cent today to 4.81 euros a ton on the ICE Futures Europe exchange at 2:30 p.m. in London………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 37241 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031