Weekly analysis: EUA-Dec08 reaches 10-months high, breaks 25 euro barrier
22 Apr 2008
Bullish gas and crude support EU Allowances – sCER-Dec08 moves sideways at EUR 16.30
With the EUA-Dec08 contract closing at EUR 24.65, 27 Cent higher than last Friday’s close, the EUA phase II market continued to follow the positive trend provided by the energy complex racking up further gains for the 4th week on end, the Climate Corporation reports.
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