Interesting price action overnight
3 May 2013
December 2013 EUAs rallied €0.18 cents to settle at €3.09 overnight, in spite of German power hitting an eight-year low and other energy markets like oil weaker, OMFiancial reports.
The EU sold a further 3.4 million EUAs that had more than 11 million tonnes of demand, which was a clear positive, in spite of daily auctions.
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