EMEA > Macroeconomic environment may not support rally in EUA demand despite lower energy costs -analysts

Macroeconomic environment may not support rally in EUA demand despite lower energy costs -analysts

Published 09:14 on February 28, 2023  /  Last updated at 04:49 on March 1, 2023  / /  EMEA, EU ETS

The wave of bullish sentiment that has driven EUA prices to record highs in the past week does not reflect market fundamentals and is unlikely to prevent a pullback because macroeconomic factors are likely to exert an influence for much of the current year, according to bank analysts.
The wave of bullish sentiment that has driven EUA prices to record highs in the past week does not reflect market fundamentals and is unlikely to prevent a pullback because macroeconomic factors are likely to exert an influence for much of the current year, according to bank analysts.


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