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  /  EMEA, EU ETS  /  No Comments

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.

A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.

Comment