EMEA > Euro Markets: EUAs post first monthly loss since December despite 4.9% weekly gain amid firm sentiment

Euro Markets: EUAs post first monthly loss since December despite 4.9% weekly gain amid firm sentiment

Published 17:18 on March 31, 2023  /  Last updated at 19:54 on March 31, 2023  /  EMEA, EU ETS, UK ETS  /  No Comments

EUAs traded higher on Friday, climbing above the €91 level that has offered resistance in recent days and reaching the highest in a week, while energy prices were firmer amid forecasts for cooler temperatures and as Chinese PMI data suggested demand for LNG cargoes may improve.

EUAs traded higher on Friday, climbing above the €91 level that has offered resistance in recent days and reaching the highest in a week, while energy prices were firmer amid forecasts for cooler temperatures and as Chinese PMI data suggested demand for LNG cargoes may improve.

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