| EU carbon prices fell to a fresh 15-month low below €6 on Thursday before climbing back to end 2.4% lower, as the 2016 EUA price rout approached its fourth week.
While some traders nervously await a rebound to what they see as a speculator-led overselling, others suspect carbon could fall further as European industry continues to reel, utilities shy away from bulk buying, and the next major supply-curbing measure remains years away...............................................Full Article: Source |