Euro Markets: EUAs post 4.8% weekly gain as market said to be disconnected from fundamentals

Published 17:31 on August 12, 2022  /  Last updated at 19:22 on August 12, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

EUAs posted a 4.8% weekly gain as prices climbed to another six-week high on Friday, with traders suggesting the market is detached from fundamentals, while natural gas was weaker as countries continued to look for ways to trim demand for the fuel this winter.

EUAs posted a 4.8% weekly gain as prices climbed to another six-week high on Friday, with traders suggesting the market is detached from fundamentals, while natural gas was weaker as countries continued to look for ways to trim demand for the fuel this winter.

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