Euro Markets: EUAs slip late on as gas supply cut raises threat of margin calls

Published 13:00 on July 27, 2022  /  Last updated at 23:14 on July 27, 2022  /  EMEA, EU ETS  /  No Comments

EUAs returned to the downside suffering a 0.7% loss as a surge in gas prices across the afternoon added pressure to Dec-22s amid fears of further demand destruction and potential margin calls across industrial participants to cope with the soaring cost of production.

EUAs returned to the downside on Wednesday to notch a 0.7% loss as a surge in gas prices in the afternoon added pressure to Dec-22s amid fears of further demand destruction and potential margin calls across industrial participants to cope with the soaring cost of production.

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, login here.