EMEA > Euro Markets: EUAs advance steadily amid short-covering as funds seen holding near-record net short

Euro Markets: EUAs advance steadily amid short-covering as funds seen holding near-record net short

Published 17:23 on May 10, 2023  /  Last updated at 10:16 on May 11, 2023  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon extended its gains for a fourth day as traders covered short positions and Commitment of Traders data showed that investment funds had built the second-largest net short position since records began, while prompt natural gas extended its losses to the lowest in nearly two years.
European carbon extended its gains for a fourth day as traders covered short positions and Commitment of Traders data showed that investment funds had built the second-largest net short position since records began, while prompt natural gas extended its losses to the lowest in nearly two years.


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