EMEA > Euro Markets: Volatile EUAs slump 3% on weak fundamentals amid thin volume

Euro Markets: Volatile EUAs slump 3% on weak fundamentals amid thin volume

Published 17:16 on January 3, 2023  /  Last updated at 10:49 on January 4, 2023  / /  EMEA, EU ETS, UK ETS

Low liquidity, bearish fundamentals, and the periodic break from spot auctions saw a volatile and bearish end to 2022 and start to 2023, with the EUA market extending last week's weakness on Tuesday as the benchmark Dec-23 contract traded down more than 3%.
Low liquidity, bearish fundamentals, and the periodic break from spot auctions saw a volatile and bearish end to 2022 and start to 2023, with the EUA market extending last week's weakness on Tuesday as the benchmark Dec-23 contract traded down more than 3%.


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, log in here.

This page is intended to be viewed online and may not be printed.
As per our terms and conditions, the republication or redistribution of Carbon Pulse content can result in the suspension or termination of your subscription.