Euro Markets: Carbon claws back Wednesday’s losses amid renewed hedging demand after options expiry

Published 17:33 on June 23, 2022  /  Last updated at 18:16 on June 23, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

EU carbon prices broke out of a very narrow morning range on Thursday as utilities resumed forward hedging after the previous day's expiry of options contracts, while energy prices surged as Germany announced plans to reward industry for cutting gas use amid further tightening in Russian supplies.

EU carbon prices broke out of a very narrow morning range on Thursday as utilities resumed forward hedging after the previous day’s expiry of options contracts, while energy prices surged as Germany announced plans to reward industry for cutting gas use amid further tightening in Russian supplies.

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