Euro Markets: EUAs little changed after firm auction triggers short-covering

Published 17:37 on September 20, 2022  /  Last updated at 19:21 on September 20, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

EUA prices shook off the bearish implications of the prospect of boosted near-term allowance sales to end Tuesday little changed, after a better-than-average auction triggered some short covering, while energy markets reversed early losses as the Germany advanced plans to nationalise gas supplier Uniper.

EUA prices shook off the bearish implications of the prospect of boosted near-term allowance sales to end Tuesday little changed, after a better-than-average auction triggered some short covering, while energy markets reversed early losses as the Germany advanced plans to nationalise gas supplier Uniper.

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