Day seven of price falls for EUAs
5 Aug 2008
The prices of European allowances (EUAs) versus Secondary CERs diverged overnight with EUAs falling on the back of complete buyer disinterest and falls in oil and German power prices – it’s the seventh day of decline for EUAs, OM Financial reports.
The price difference between the two is now only €2.76 in from €3.98 a week ago. One school of thought also suggest that recession fears are contributing to lower prices in carbon especially EUAs as compliance buyers hold back on purchasing.
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