Euro Markets: EUAs post 9% weekly loss as MSR sales proposal outweighs EEX’s 2020 auctions cut

Published 17:55 on May 20, 2022  /  Last updated at 20:33 on May 20, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

European carbon prices sank 9% over the week to test key support at the close of business on Friday, as traders balanced a cut of 3% in 2022 auction volumes with the prospect of a 200-250 million-tonne injection of additional auction supply in the coming four years.

European carbon prices sank 9% over the week to test key support at the close of business on Friday, as traders balanced a cut of 3% in 2022 auction volumes with the prospect of a 200-250 million-tonne injection of additional auction supply in the coming four years.

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