Euro Markets: EUAs slump after setting third record in a row as gas wipes out early gains

Published 18:50 on November 17, 2021  /  Last updated at 19:59 on November 17, 2021  /  EMEA, EU ETS, UK ETS  /  No Comments

EUAs fell away late on Wednesday after setting a record high for the third consecutive day, as energy prices first extended gains amid continuing uncertainty over gas flows, and then slumped after Germany's grid operator said winter supplies would be sufficient.

EUAs fell away late on Wednesday after setting a record high for the third consecutive day, as energy prices first extended gains amid continuing uncertainty over gas flows, and then slumped after Germany’s grid operator said winter supplies would be sufficient.

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