Euro Markets: EUAs fluctuate violently as market drops 14% amid widespread liquidations

Published 17:29 on December 17, 2021  /  Last updated at 00:46 on December 18, 2021  /  EMEA, EU ETS, UK ETS  /  No Comments

EUAs posted their biggest-ever daily drop in absolute terms on Friday as traders - some spooked by the threat of intervention - locked in profits ahead of the benchmark futures contract expiring on Monday, while energy prices weakened after Thursday's stunning increases.

EUAs posted their biggest-ever daily drop in absolute terms on Friday as traders – some spooked by the threat of intervention – locked in profits ahead of the benchmark futures contract expiring on Monday, while energy prices weakened after Thursday’s stunning increases.

A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.