EMEA > Euro Markets: EUAs give up midday gains as bearish sentiment grows amid sharp energy price drops

Euro Markets: EUAs give up midday gains as bearish sentiment grows amid sharp energy price drops

Published 18:14 on January 11, 2023  /  Last updated at 13:59 on January 18, 2023  /  EMEA, EU ETS, UK ETS  /  No Comments

EUAs ended the day nearly 2% lower after an early effort to wipe out Tuesday's losses was sideswiped by a rush of selling in the afternoon that appeared to reflect speculation that falling energy prices may bring natural gas back into the merit order and cut EUA demand.

EUAs ended the day nearly 2% lower after an early effort to wipe out Tuesday’s losses was sideswiped by a rush of selling in the afternoon that appeared to reflect speculation that falling energy prices may bring natural gas back into the merit order and cut EUA demand.

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