14.04.2016 - EU Market: EUAs dip to take breather after fortnight of stellar gains
European carbon took a breather on Wednesday following two weeks of gains that saw prices rise by as much as 18% to hit a 10-week high of €5.67 on Tuesday. Front-year EU Allowance futures trading on ICE settled down 5 cents at €5.54 on light volume of 8.7 million units. The benchmark contract touched its intraday high of €5.63 in the opening minutes, but slid down to the session low of €5.46 just after 0700 GMT. The Dec-16s climbed back to then drift around the €5.50-5.55 level for most of the rest of the day...............................................Full Article: Source
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