Euro Markets: EUAs shed 10% amid cash call as energy markets surge on Russian ban concerns

Published 17:27 on March 7, 2022  /  Last updated at 00:46 on March 8, 2022  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

EUAs plunged more than 10% on Monday as traders sold to generate cash to maintain margins in other markets amid a spike in energy prices after reports emerged that the US and EU are considering a ban on energy products from Russia.
EUAs plunged more than 10% on Monday as traders sold to generate cash to maintain margins in other markets amid a spike in energy prices after reports emerged that the US and EU are considering a ban on energy products from Russia.


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.