EU Market: EUAs drop nearly 5% to new 4-month low as virus fears deepen

Published 20:20 on October 28, 2020  /  Last updated at 15:43 on November 4, 2020  /  EMEA, EU ETS  /  No Comments

EUAs fell to a new four-month low below €23 on Wednesday after buyers struggled to absorb the bumper UK auction and wider financial markets tumbled on worsening coronavirus prospects, as trade data showed a record number of firms - including emitters - holding positions in the EU ETS.

EUAs fell to a new four-month low below €23 on Wednesday after buyers struggled to absorb the bumper UK auction and wider financial markets tumbled on worsening coronavirus prospects, as trade data showed a record number of firms – including emitters – holding positions in the EU ETS.

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