Euro Markets: EUAs erase early losses amid options hedging and strongest UKA auction in a year

Published 01:29 on January 25, 2023  /  Last updated at 02:45 on January 25, 2023  /  EMEA, EU ETS, UK ETS  /  No Comments

European carbon posted substantial gains on Wednesday amid an upsurge in options-related hedging and the strongest UKA auction in a year, reversing an early drop to a week-low while gas and power prices continued to decline and coal dropped by the most in 10 months.

European carbon posted substantial gains on Wednesday amid an upsurge in options-related hedging and the strongest UKA auction in a year, reversing an early drop to a week-low while gas and power prices continued to decline and coal dropped by the most in 10 months.

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