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MF Global Weekly CDM & VER Market Summary 28th September – 4th October 2009

VER demand remains consistent following a week of industry conferences. Higher pricing and the lack of issuance of exotic credits are promoting interest in recent vintage Indian RE VCUs currently $3.50/$4.50 bid/offered. Exotic VCUs are transacting at $1/2 premiums but are suffering from uncertainty over delivery timelines, new methodology approval and final volume size.

Gold Standard demand is improving with small clips of issued credits

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