EU Market: EUAs briefly lift above €28 on markets rally, strong auction

Published 19:43 on November 25, 2020  /  Last updated at 16:43 on December 2, 2020  /  EMEA, EU ETS  /  No Comments

EUAs neared €28 on Wednesday to continue this week's upward move as wider financial markets rose on prospects for a smooth US presidential transition and COVID-19 vaccine progress, while data showed investors continued to pile into the EU ETS ahead of the looming supply drought.

EUAs briefly climbed above €28 on Wednesday to continue this week’s upward move as wider financial markets rose on prospects for a smooth US presidential transition and COVID-19 vaccine progress, while data showed investors continued to pile into the EU ETS ahead of the looming supply drought.

A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.

Comment