The ICE daily CER continued to trade in range and grew 1 Eurocent to 0.13 EURO (+8.33%). ERUs are trading around 50% of this price with virtually no volume in carbon credits trading on the exchange. EU carbon fell 3.6% with clear oversupply weighing down a recent rally. All eyes appear to be on what happens between now and 2020 particularly in North America and Asia. In the meantime the EU carbon market soldiers on but barely.