EUA prices fell hard on Thursday as a weak auction compounded wider bearish sentiment caused by EU proposals to raise billions of euros by selling allowances from the MSR, though prices recovered somewhat over the afternoon to notch a 2% day-on-day slump.
Euro Markets: EUAs recover to 2% loss after post-auction sell-off, remain weak on Commission’s ‘surprising proposal’
EUA prices fell hard on Thursday as a weak auction compounded wider bearish sentiment caused by EU proposals to raise billions of euros by selling allowances from the MSR, though prices recovered somewhat over the afternoon to notch a 2% day-on-day slump.
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