EMEA > Euro Markets: EUAs post biggest drop in three months after funds slash net short positions by 91%

Euro Markets: EUAs post biggest drop in three months after funds slash net short positions by 91%

Published 17:19 on June 21, 2023  /  Last updated at 17:19 on June 21, 2023  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

EUA prices posted their biggest one-day drop in three months as the market plunged after new exchange data showed that speculative traders had almost entirely covered their net short position last week, while energy markets responded by erasing early gains.
EUA prices posted their biggest one-day drop in three months as the market plunged after new exchange data showed that speculative traders had almost entirely covered their net short position last week, while energy markets responded by erasing early gains.


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