Euro Markets: EUAs set third seven-week high in a row as rally resumes

Published 17:33 on October 27, 2022  /  Last updated at 00:24 on October 28, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

EU carbon resumed its rally on Thursday to erase the previous day's losses and set yet another seven-week high as short covering and technical buying resumed, while energy markets stabilised as traders kept a watching brief for news of the EU's plans to cap energy costs.

EU carbon resumed its rally on Thursday to erase the previous day’s losses and set yet another seven-week high as short covering and technical buying resumed, while energy markets stabilised as traders kept a watching brief for news of the EU’s plans to cap energy costs.

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.