LONDON, July 14 (Reuters) - EU carbon edged up on Wednesday after falling as low as 13.75 euros, down 11 percent from last week's high and a new three-month low, as utility buyers remained quiet.

EU Allowance futures for December delivery were trading at 13.92 euros a tonne at 0740 GMT, up 0.5 percent or 7 cents. Dec-10 CERs were up 17 cents on the European Climate Exchange, at 11.89 euros a tonne, making the EUA-CER spread 2.03 euros.

"The market's looking consolidated," said one trader, adding that the size of fall over the past week had been surprising. "I think it may struggle to break above 14.10 (but) it's probably over-sold. Below 13.5 euros there's probably very little value from shorting."