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EU carbon prices reverse early losses

LONDON (Reuters) - Prices for European carbon emissions allowances reversed earlier losses on Friday, but range-bound trade is expected to continue in the afternoon, traders said.

LONDON (Reuters) - Prices for European carbon emissions allowances reversed earlier losses on Friday, but range-bound trade is expected to continue in the afternoon, traders said.

EU Allowances for December delivery rose 11 cents or 0.71 percent to 15.57 euros ($18.74) a tonne at 1145 GMT. Volume was at 2,986 lots traded.

Certified emissions reductions were 18 cents or 1.41 percent higher at 12.98 euros a tonne with only 38 lots traded. The EUA-CER spread was at 2.59 euros.

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