CORRECTION – Euro Markets: EUAs drift for a third day after data shows funds’ net short turned into net long last week

Published 17:25 on November 2, 2022  /  Last updated at 14:45 on November 9, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

European carbon prices ended the day little changed after two days of sharp losses, with the market moving in a narrow band in thin trading as data revealed that investment funds had closed a significant portion of short positions in the previous week.

(Corrects implied fund net position once ETF positions factored in, as well as overall UKA company count)

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