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  /  No Comments

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%.

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