Euro Markets: EUAs climb to two-week high on steady covering demand, UKAs extend gains

Published 17:33 on May 18, 2023  /  Last updated at 18:04 on May 18, 2023  / /  EMEA, EU ETS, UK ETS

European carbon rose to its highest in more than two weeks on Thursday amid steady afternoon buying in a thin market as many offices were closed to observe a public holiday, while UK allowances extended Wednesday's gains to hit a three-week high after the latest fortnightly auction cleared at a record high.
European carbon rose to its highest in more than two weeks on Thursday amid steady afternoon buying in a thin market as many offices were closed to observe a public holiday, while UK allowances extended Wednesday's gains to hit a three-week high after the latest fortnightly auction cleared at a record high.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, log in here.

This page is intended to be viewed online and may not be printed.
As per our terms and conditions, the republication or redistribution of Carbon Pulse content can result in the suspension or termination of your subscription.