EU Carbon Permits Fall as Volumes Shrink Before Public Holidays

European Union carbon permits fell to their lowest in four sessions as volumes declined before public holidays in the region.

Allowances for December 2013 lost 1.3 percent to 7.12 euros ($9.42) a metric ton on the ICE Futures Europe exchange in London, the lowest closing price since Dec. 18. Volumes fell to 443,000 tons from a five-week high of 29 million tons in the previous session.

To contact the reporters on this story: Ewa Krukowska in Warsaw at ekrukowska@bloomberg.net;

To contact the editor responsible for this story: Lars Paulsson at lpaulsson@bloomberg.net

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