EMEA > EU Market: EUAs extend 2-mth high above €28 as Phase 3 supply source ebbs

EU Market: EUAs extend 2-mth high above €28 as Phase 3 supply source ebbs

Published 19:24 on November 27, 2020  /  Last updated at 21:49 on November 27, 2020  /  EMEA, EU ETS  /  No Comments

EUAs reached a fresh two-month high on Friday before easing back for a robust 5.2% weekly gain as fears about an extended auction-free period continued to drive bullish sentiment.

EUAs reached a fresh two-month high on Friday before easing back for a robust 5.2% weekly gain, as colder weather and concerns about an extended auction-free period continued to drive bullish sentiment.

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