Euro Markets: EUAs snap four-day decline on post-vote short-covering

Published 17:22 on June 9, 2022  /  Last updated at 20:22 on June 9, 2022  / /  EMEA, EU ETS, UK ETS

EUA prices broke a four-day streak of losses on Thursday as traders covered short positions built up around the European Parliament's vote on the ETS reform package, while most attention was on natural gas prices, which jumped as much as 15% after a fire knocked out a major US LNG exporting terminal.
EUA prices broke a four-day streak of losses on Thursday as traders covered short positions built up around the European Parliament's vote on the ETS reform package, while most attention was on natural gas prices, which jumped as much as 15% after a fire knocked out a major US LNG exporting terminal.


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, log in here.