03.05.2016 - EU Market: EUAs drift towards €6 in thin trade
EU carbon prices slumped towards €6 on Monday amid very thin turnover hampered by the lack of auction and absence of many UK-based traders. The benchmark Dec-16 EUA futures ended down 5 cents at €6.13, having reached as low as €6.02,on volume 5.9 million. Carbon prices have been highly volatile over the past few weeks, rallying as much as 50% to a three-month high of €7.07 last week before easing back on profit-taking, with daily volumes sometimes seen topping 40 million for some sessions...............................................Full Article: Source
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