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

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  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

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.


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