EU Market: EU carbon prices leap nearly 8% on price, vaccine optimism

Published 18:36 on August 24, 2020  /  Last updated at 12:48 on September 2, 2020  /  EMEA, EU ETS  /  No Comments

EUAs gapped up and jumped by nearly 8% on Monday, hitting a five-week high above €27 as traders said a bullish weekend Financial Times article and wider market optimism about prospects for effective COVID-19 treatments stoked carbon buyers.

EUAs gapped up and jumped by nearly 8% on Monday, hitting a five-week high above €27 as traders said a bullish weekend Financial Times article and wider market optimism about prospects for effective COVID-19 treatments stoked carbon buyers.

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