The December 2006 contract stayed put at the EUR 12.50/tonne level while in contrast the December 2008 contract fell more than half a euro to close at 15.20 on the ECX.  “It is thought to be CER hedging, but you never know,” one trader commented to Point Carbon. Earlier in the day, one analyst told Montel Powernews that a bearish phase two analysis from Point Carbon was...