EU Market: EUAs give back Monday’s gains, but big upside seen tomorrow from late-breaking news

Published 20:37 on November 17, 2020  /  Last updated at 21:20 on November 17, 2020  /  EMEA, EU ETS  /  No Comments

European carbon sank on Tuesday on profit-taking and policy and coronavirus concerns, as a late decline saw prices give back all of the previous day’s gains, though traders said EUAs could spike tomorrow on late-breaking bullish supply-related news.

European carbon sank on Tuesday on profit-taking and policy and coronavirus concerns, as a late decline saw prices give back all of the previous day’s gains, though traders said EUAs could spike tomorrow on late-breaking bullish supply-related news.

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