Euro Markets: EUAs drop 10% on gas price plunge, other bearish factors

Published 19:31 on July 6, 2021  /  Last updated at 19:47 on July 6, 2021  /  EMEA, EU ETS, UK ETS  /  No Comments

EUAs plummeted along with gas prices on Tuesday, falling below technical supports to suffer the second largest absolute drop ever as oil slid and an improved French nuclear outlook and dire German economic data also weighed on carbon.

EUAs plummeted along with gas prices on Tuesday, falling below technical supports to suffer the second largest absolute drop ever as oil slid and an improved French nuclear outlook and dire German economic data also weighed on carbon.

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