EMEA > EU Market: Speculator sentiment launches EUAs to four-month high

EU Market: Speculator sentiment launches EUAs to four-month high

Published 17:33 on June 18, 2020  /  Last updated at 14:04 on July 13, 2020  /  EMEA, EU ETS

European carbon prices spiked by 8% to a four-month high on Thursday on speculative buying, a bullish auction result, and as positive coronavirus news out of China helped lift wider markets, sending EUAs above their 200-day moving average for the first time since late last year.
European carbon prices spiked by 8% to a four-month high on Thursday on speculative buying, a bullish auction result, and as positive coronavirus news out of China helped lift wider markets, sending EUAs above their 200-day moving average for the first time since late last year.


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