Euro Markets: EUAs post 7th weekly increase as traders resume buying after Thursday’s steep drop

Published 17:55 on December 10, 2021  /  Last updated at 00:29 on December 11, 2021  /  EMEA, EU ETS, UK ETS  /  No Comments

EUAs rallied on Friday as traders absorbed the impact of the previous session's 9.8% drop and news that Poland's parliament had called for the EU ETS to be suspended while being reformed.

EUAs posted their seventh consecutive weekly increase as traders dismissed Thursday’s steep fall and resumed buying, with a late rally boosting both carbon and energy markets.

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