EMEA > Euro Markets: EUAs drop to seven-week low as gas weakens after Ukraine auction

Euro Markets: EUAs drop to seven-week low as gas weakens after Ukraine auction

Published 18:35 on October 18, 2021  /  Last updated at 13:42 on October 19, 2021  /  EMEA, EU ETS, UK ETS  /  No Comments

EUAs fell steeply to a seven-week low at the end of Monday's session, after having held at around Friday's close for much of the afternoon. Gas prices retreated steadily even after Russia's Gazprom declined to book additional transshipment capacity through Ukraine.

EUAs fell steeply to a seven-week low at the end of Monday’s session, after having held at around Friday’s close for much of the afternoon. Gas prices retreated steadily even after Russia’s Gazprom declined to book additional transshipment capacity through Ukraine.

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