EMEA > 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  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

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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