EMEA > Compliance Markets & Taxes > Euro Markets: EUAs hold near €90 as March options expire, despite funds slashing net length

Euro Markets: EUAs hold near €90 as March options expire, despite funds slashing net length

Published 17:44 on March 22, 2023 / Last updated at 19:36 on March 22, 2023 / / EMEA (Compliance Markets & Taxes, Europe)

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European benchmark carbon prices gyrated around the key €90 level for most of Wednesday as traders anticipated the expiry of the March options contract and the fortnightly UKA auction, shrugging off exchange data that showed a sharp reduction in investment funds' long positioning last week.
European benchmark carbon prices gyrated around the key €90 level for most of Wednesday as traders anticipated the expiry of the March options contract and the fortnightly UKA auction, shrugging off exchange data that showed a sharp reduction in investment funds' long positioning last week.


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