Euro Markets: EUAs slump on technical selling as traders eye ETS reform vote

Published 17:45 on June 6, 2022  /  Last updated at 17:58 on June 6, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

European carbon made a lacklustre start to the week, with prices tumbling more than 6% in thin trading on Monday after failing to breach a key resistance level, while traders absorbed reports that the European Parliament is seeking more stringent restrictions on financial participation in the EU ETS.

European carbon made a lacklustre start to the week, with prices tumbling more than 6% in thin trading on Monday after failing to breach a key resistance level, while traders absorbed reports that the European Parliament is seeking more stringent restrictions on financial participation in the EU ETS.

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