Cookies on the ICIS website


Our website uses cookies, which are small text files that are widely used in order to make websites work more effectively. To continue using our website and consent to the use of cookies, click away from this box or click 'Close'

Find out about our cookies and how to change them

Carbon market snapshot

26 Apr 2012 18:33:46 | edcm

Carbon prices moved higher on Thursday in line with gains on oil and German power and on the euro against the dollar. An improvement in volumes was reported, although large positions remain unattractive due to the political uncertainty hanging over the market, traders said. Last-minute compliance purchases on spot offsets continue with the end of April deadline imminent, traders said.

Front-year EUAs were up by €0.25/tCO2e to €7.35/tCO2e having failed to push above what was described by two traders as an important resistance level at around €7.38/tCO2e. CERs of the same vintage climbed by €0.10/tCO2e to €3.85/tCO2e, while front-year ERUs traded at a €0.15/tCO2e discount to CERs at €3.70/tCO2e.

Other Related Stories

Subscription required

Other Options