EU permits drop amid auction call-off on Tuesday

Note: This section contains information in English only.
Source: Bloomberg
European Union carbon allowances decreased to their second-lowest level since the beginning of permits trading after the first cancellation of an auction by the 27-nation bloc as the bids failed to reach a prevailing market rate, the European Energy Exchange AG said on Tuesday. EU permits for delivery in December dropped 5.6% and closed at 3.73 euros a metric ton on ICE Futures Europe.

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