EMEA > Euro Markets: Carbon jumps 4.4% on resumption of short squeeze as gas leaps 20% on similar move

Euro Markets: Carbon jumps 4.4% on resumption of short squeeze as gas leaps 20% on similar move

Published 17:18 on June 5, 2023  /  Last updated at 19:28 on June 5, 2023  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon prices rose 4.4% on Monday as traders resumed their squeeze of short positions while the market was also boosted by stronger energy markets amid bullish news headlines and fundamental drivers as well as a significant squeeze in natural gas markets.
European carbon prices rose 4.4% on Monday as traders resumed their squeeze of short positions while the market was also boosted by stronger energy markets amid bullish news headlines and fundamental drivers as well as a significant squeeze in natural gas markets.


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