EU Market: EUAs surge above €34 to defy gas losses

Published 20:38 on January 21, 2021  /  Last updated at 22:45 on January 21, 2021  /  EMEA, EU ETS  /  No Comments

EUAs climbed 3.6% on Thursday as a break above technical resistance triggered some buying, traders said, breaking carbon's recent correlation with gas prices.

EUAs climbed 3.6% on Thursday as a break above technical resistance triggered some buying, traders said, breaking carbon’s recent correlation with gas prices.

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