EMEA > Euro Markets: Carbon shoots to three-week high amid steady pressure on short positions as gas weakens

Euro Markets: Carbon shoots to three-week high amid steady pressure on short positions as gas weakens

Published 17:29 on June 12, 2023  /  Last updated at 19:34 on June 12, 2023  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon prices overcame early weakness on Monday to reach a three-week high as early selling gave way to renewed demand – which some participants said was short-covering – while energy markets were weaker as gas prices continued to whipsaw.
European carbon prices overcame early weakness on Monday to reach a three-week high as early selling gave way to renewed demand – which some participants said was short-covering – while energy markets were weaker as gas prices continued to whipsaw.


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