Euro Markets: EUAs briefly surge above €55 on Brussels plans, as UKAs lose ground despite stronger auction

Published 17:35 on July 14, 2021  /  Last updated at 20:41 on July 14, 2021  /  EMEA, EU ETS, UK ETS  /  No Comments

EUAs jumped nearly 5% to a one-week high above €55 as the European Commission published its long-awaited ETS reform proposals, but prices quickly retreated as traders digested the heavily-trailed plans.

EUAs jumped nearly 5% to a one-week high above €55 as the European Commission published its long-awaited ETS reform proposals, but prices quickly retreated as traders digested the heavily-trailed plans.

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