Euro Markets: EUAs drop 4.6% on the week as traders wait for Fit for 55 outcome

Published 17:27 on December 16, 2022  /  Last updated at 22:12 on December 16, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

EUAs were headed for their first weekly loss in a month on Friday as traders sold in advance of political negotiations over the ETS reform package and the expiry of the front-December futures contract on Monday, while energy prices were lower.

EUAs posted their first weekly loss in a month as traders sold in advance of political negotiations over the ETS reform package and the expiry of the front-December futures contract on Monday, while energy prices were lower as forecasts for higher temperatures persisted.

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