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  /  No Comments

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.

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