European carbon prices came off in early week under pressure by weak oil and power markets. The bearish move softened during the week due to unclear signal from the EU debate on Market Stability Reserve. The EUA Dec-14 closed on Friday at €6.76/t, down €0.39/t (-5.45%) from the previous Friday’s finish.
In the UN-backed CDM market, the CER contract for December 2014 closed at €0.58/t, losing €0.01/t (-1.69%) week-on-week.
(Market analysis and data by Thompson Reuters PointCarbon, our data visualization using Tableau Public)