Euro Markets: EUAs soar 4.7% on short covering and new length while energy markets extend gains

Published 17:48 on January 18, 2023  /  Last updated at 23:12 on January 18, 2023  /  EMEA, EU ETS, UK ETS  /  No Comments

EUAs jumped to a two-week high on Wednesday as buyers surged back into the market amid rising gas and power prices and as participants suggested the market had been roiled by a short squeeze.

EUAs jumped to a two-week high on Wednesday as buyers surged back into the market amid rising gas and power prices and as participants suggested the market had been roiled by a short squeeze.

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