EU Market: EUAs hit new 2-mth high on auction, energy as traders eye looming supply drought

Published 18:41 on November 26, 2020  /  Last updated at 11:35 on November 27, 2020  /  EMEA, EU ETS  /  No Comments

EU carbon prices climbed to a new two-month high Thursday, boosted by a strong auction and as the wider energy complex lifted due to several bullish factors, while several traders said the market was still not accurately pricing in a looming supply drought.

EU carbon prices climbed to a new two-month high Thursday, boosted by a strong auction and as the wider energy complex lifted due to several bullish factors, while several traders said the market was still not accurately pricing in a looming supply drought.

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