EMEA > Euro Markets: EUAs post modest gain after early short-covering rally unwinds, while UKAs rise a second day

Euro Markets: EUAs post modest gain after early short-covering rally unwinds, while UKAs rise a second day

Published 17:57 on May 5, 2023  /  Last updated at 20:48 on May 5, 2023  / /  EMEA, EU ETS, UK ETS

EU carbon prices nudged higher despite giving up gains of as much as 2.6% on Friday, after early short-covering and de-risking ahead of a three-day weekend in the UK gave way to renewed weakness, while UK carbon posted its second consecutive daily increase after three weeks of declines.
EU carbon prices nudged higher despite giving up gains of as much as 2.6% on Friday, after early short-covering and de-risking ahead of a three-day weekend in the UK gave way to renewed weakness, while UK carbon posted its second consecutive daily increase after three weeks of declines.


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