Euro Markets: EUAs touch ten-week high before late selling amid worsening economic outlook

Published 17:23 on May 5, 2022  /  Last updated at 17:46 on May 5, 2022  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

EUA prices rose briefly above €91 for the first time in ten weeks on Thursday, as technical buying emerged after the market broke through a key resistance level, before prices retreated amid yet more signs of weakening global economic conditions.
EUA prices rose briefly above €91 for the first time in ten weeks on Thursday, as technical buying emerged after the market broke through a key resistance level, before prices retreated amid yet more signs of weakening global economic conditions.


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.