Euro Markets: EUAs claw back 20% price plunge to end slightly lower as energy markets rocket

Published 17:45 on March 2, 2022  /  Last updated at 17:18 on March 10, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

EU carbon prices rallied to close just 0.5% lower on the day after crashing by as much as 20% for a second session as investors and traders continued to liquidate positions, while energy prices extended their gains amid fears that sanctions will cut off Russian energy supplies to western countries.

EU carbon prices rallied to close just 0.5% lower on the day after crashing by as much as 20% for a second session as investors and traders continued to liquidate positions, while energy prices extended their gains amid fears that sanctions will cut off Russian energy supplies to western countries.

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