EU Market: EUAs surge to 2020 high near €27 on speculative buying, short-covering

Published 17:54 on June 29, 2020  /  Last updated at 23:05 on June 29, 2020  /  EMEA, EU ETS  /  No Comments

EUAs surged to near €27 on Monday to hit their highest so far this year, rebounding by almost 10% from early weakness as speculator buying drove a strong auction result and widespread short-covering.

EUAs surged to near €27 on Monday to hit their highest so far this year, rebounding by almost 10% from early weakness as speculator buying drove a strong auction result and widespread short-covering.

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