01
Sep
2009

Carbon buoyed on bullish sentiment

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visual_editor009 EU Allowances visual_editor009 Allowances have averaged €14.40/tCOvisual_editor over the past month, 5.1% higher compared to the €13.70/tCOvisual_editor reported previously. The visual_editor009 contract followed an underlying upward trend over the month, rising from €14.43/tCOvisual_editor to close at €15.visual_editor3/tCOvisual_editor on August visual_editor4th. It peaked late on during the period at €15.41/tCOvisual_editor – its highest level since the first half of May – given higher oil prices and increased buying activity.

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