Euro Markets: EUAs top €90 amid steady buying in thin trade as energy prices weaken further

Published 17:40 on December 20, 2022  /  Last updated at 23:19 on December 20, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

Dec-23 EUAs posted strong gains on their first day as the benchmark contract as traders began to accumulate positions in the new front-December contract amid relatively light volumes, while energy prices continued to decline amid forecasts for milder temperatures and a new EU gas price cap deal.

Dec-23 EUAs posted strong gains on their first day as the benchmark contract as traders began to accumulate positions in the new front-December contract amid relatively light volumes, while energy prices continued to decline amid forecasts for milder temperatures and a new EU gas price cap deal.

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