Euro Markets: EUAs drop 7% to six-week low as milder weather weighs on energy markets

Published 17:05 on January 4, 2023  /  Last updated at 19:23 on January 5, 2023  /  EMEA, EU ETS, UK ETS  /  No Comments

EUAs extended their slump on Wednesday as a continuation of unseasonably mild weather across Europe kept carbon under heavy selling pressure, with Dec-23s shedding some 7% to break below €80 as they tracked a wider sell-off across energy markets.

EUAs extended their slump on Wednesday as a continuation of unseasonably mild weather across Europe kept carbon under heavy selling pressure, with Dec-23s shedding some 7% to break below €80 as they tracked a wider sell-off across energy markets.

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