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.


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