EMEA > Euro Markets: Traders test technical support as bearish fundamentals and auction volumes weigh

Euro Markets: Traders test technical support as bearish fundamentals and auction volumes weigh

Published 16:51 on May 23, 2023  /  Last updated at 17:24 on May 23, 2023  / /  EMEA, EU ETS, UK ETS

European carbon prices fell by as much as 2.7% on Tuesday as bearish gas and soft fundamentals kept prices under pressure and the market tested key technical indicators to the downside following a relatively weak auction.
European carbon prices fell by as much as 2.7% on Tuesday as bearish gas and soft fundamentals kept prices under pressure and the market tested key technical indicators to the downside following a relatively weak auction.


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