EMEA > Compliance Markets & Taxes > EU Market: EUAs drop nearly 5% to new 4-month low as virus fears deepen

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 17:45 on March 10, 2022 / / EMEA (Compliance Markets & Taxes, Europe)

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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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