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EU Market: Carbon defies energy gains to dip back below €6

Posted on 28 January 2016

EU carbon prices fell in the face of a rising energy complex on Wednesday but kept well above the previous session’s 20-month low in a slightly calmer session than recent chaotic trading days.
The Dec-16 EUA contract ended down 17 cents or 2.8% at €5.93, at the lower end of the day’s €5.79-6.12 range, on heavy turnover of almost 20 million. The benchmark carbon contract kept some distance from Tuesday’s nadir of €5.61 but it remains down 28.5% on the year, a fall mostly blamed on speculative selling………………………………………..Full Article: Source


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