EU Market: EUAs sink nearly 5% on gas pullback, technical breach

Published 18:15 on January 13, 2021  /  Last updated at 17:27 on January 20, 2021  /  EMEA, EU ETS  /  No Comments

EUAs slid below €34 on Wednesday for the first time in four sessions, continuing the retreat from Tuesday's record high amid a major pullback in gas prices and signs of a technical reversal in carbon, as data showed the influx of participants into the market continued last week.

EUAs slid below €34 on Wednesday for the first time in four sessions, continuing the retreat from Tuesday’s record high amid a major pullback in gas prices and signs of a technical reversal in carbon, as data showed the influx of participants into the market continued last week.

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