EU Market: EUAs hit new record above €49 on late short-squeeze, end April up 15%

Published 17:05 on April 30, 2021  /  Last updated at 10:20 on July 10, 2021  / Ben Garside /  EMEA, EU ETS

EUAs surged to a new record above €49 on Friday afternoon, paring earlier losses in a move some said was a short squeeze aimed at catching out participants expecting prices to drop following the passing of the end-April ETS compliance deadline.
EUAs surged to a new record above €49 on Friday afternoon, paring earlier losses in a move some said was a short squeeze aimed at catching out participants expecting prices to drop following the passing of the end-April ETS compliance deadline.


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