EUAs on Monday rose to their highest since the market set a new record last week, as the new quarter encouraged traders to put on new positions while wider energy markets surged. Meanwhile, UKA slumped nearly 7% as traders looked ahead to Wednesday’s fortnightly auction.
EMEA > Euro Markets: EUAs surge on firm energy, while UK carbon slides ahead of auction
Euro Markets: EUAs surge on firm energy, while UK carbon slides ahead of auction
EUAs on Monday rose to their highest since the market set a new record last week, as the new quarter encouraged traders to put on new positions while wider energy markets surged. Meanwhile, UKA slumped nearly 7% as traders looked ahead to Wednesday's fortnightly auction.
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