Falling oil and coal prices make for carbon slide
1 Aug 2008
Carbon continues to slide with the bearishness mainly being attributed to rising coal prices, but oil fell again last night so there does appear to be a number of factors at work which are all conspiring to send carbon lower, reports OM Financial.
The difference between the front and back vintage of the CER market continues to contract now trading at €1.58 down 7 cents from €1.65 the previous day.
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