Euro Markets: EUAs give up rest of Monday’s gains as focus switches to funds’ growing net short

Published 17:37 on September 28, 2022  /  Last updated at 17:52 on September 28, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

EUAs gave up further ground on Wednesday, with prices settling at their lowest in more than six months as the market continued to digest EU lawmaker plans on allowance sales to fund the REPowerEU package, while investment funds' record net short position in the futures market also drew focus.

EUAs gave up further ground on Wednesday, with prices settling at their lowest in more than six months as the market continued to digest EU lawmaker plans on allowance sales to fund the REPowerEU package, while investment funds’ record net short position in the futures market also drew focus.

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