Euro Markets: EUAs drop on profit-taking linked to UK auction

Published 17:48 on July 13, 2022  /  Last updated at 18:40 on July 13, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

EUA activity picked up after a very slow start on Wednesday as traders took advantage of the fortnightly UKA auction to take profit from a three-day rally, erasing the week's gains while energy markets continued to climb as more European countries mulled options to secure energy supplies this winter.

EUA activity picked up after a very slow start on Wednesday as traders took advantage of the fortnightly UKA auction to take profit from a three-day rally, erasing the week’s gains while energy markets continued to climb as more European countries mulled options to secure energy supplies this winter.

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