Euro Markets: EUAs give up early short-covering gains but end week up 4.1% amid sharply lower gas prices

Published 17:20 on May 12, 2023  /  Last updated at 22:01 on May 12, 2023  / /  EMEA, EU ETS, UK ETS

European carbon prices posted a 4.1% weekly increase after the market first clawed back much of the previous session's losses amid strong demand in the final auction of the week, before giving back most of the gains in the afternoon as gas prices tumbled.
European carbon prices posted a 4.1% weekly increase after the market first clawed back much of the previous session's losses amid strong demand in the final auction of the week, before giving back most of the gains in the afternoon as gas prices tumbled.


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