Euro Markets: Carbon tracks natural gas prices as market tests technical resistance

Published 17:18 on June 8, 2023  /  Last updated at 18:15 on June 8, 2023  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon prices jumped as much as 1.7% on Wednesday, rising to their highest in more than two weeks as the market targeted a key technical level and took support from a nearly 13% jump in natural gas prices.
European carbon prices jumped as much as 1.7% on Wednesday, rising to their highest in more than two weeks as the market targeted a key technical level and took support from a nearly 13% jump in natural gas prices.


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