Euro Markets: EUAs drop for third day as ministers eye up more carbon sales

Published 17:29 on September 6, 2022  /  Last updated at 03:52 on September 7, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

EUAs posted a third day of losses to reach a new six-month low on Tuesday as sentiment continued to weaken as ministers prepare to discuss selling more permits to raise funds to assist the transition away from Russian fuels, while energy also gave up some of Monday's gains as traders appeared reassured by supply-boosting efforts.

EUAs posted a third day of losses to reach a new six-month low on Tuesday as sentiment continued to weaken as ministers prepare to discuss selling more permits to raise funds to assist the transition away from Russian fuels, while energy also gave up some of Monday’s gains as traders appeared reassured by supply-boosting efforts.

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