EMEA > Euro Markets: EUAs rally for third day as funds continue to build net long position

Euro Markets: EUAs rally for third day as funds continue to build net long position

Published 18:02 on March 8, 2023  /  Last updated at 18:53 on March 10, 2023  / /  EMEA, EU ETS, UK ETS

European carbon extended its rally for a third day, pushing the week-to-date's gains to 4.7% as traders continued to back up bullish sentiment with steady buying in relatively low volume, while energy prices were mixed as the current cold snap was forecast to end this week, and concerns grew for French nuclear reliability.
European carbon extended its rally for a third day, pushing the week-to-date's gains to 4.7% as traders continued to back up bullish sentiment with steady buying in relatively low volume, while energy prices were mixed as the current cold snap was forecast to end this week, and concerns grew for French nuclear reliability.


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