Euro Markets: EUAs drop below key support to five-week low amid continued selling and weak auction

Published 17:49 on May 23, 2022  /  Last updated at 18:04 on May 23, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

EUAs fell to their lowest in more than five weeks as selling stretched into a fourth day amid a weak auction and continued concerns over the European Commission's intention to sell as many as 250 million EUAs to fund its shift away from Russian fossil fuels.

EUAs fell to their lowest in more than five weeks as selling stretched into a fourth day amid a weak auction and continued concerns over the European Commission’s intention to sell as many as 250 million EUAs to fund its shift away from Russian fossil fuels.

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