Euro Markets: EUAs give up 4.8% gain after hedging demand dries up and profit-taking takes over

Published 17:33 on December 1, 2022  /  Last updated at 02:14 on December 2, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

EUAs rose as much as 4.8% to a new three-month high in Thursday before erasing almost €5 from the price in a little over two hours, as demand from options hedging ended suddenly amid a reversal in energy markets and as profit-taking took over.

EUAs rose as much as 4.8% to a new three-month high in Thursday before erasing almost €5 from the price in a little over two hours, as demand from options hedging ended suddenly amid a reversal in energy markets and as profit-taking took over.

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.