EU Market: EUAs surge 4.4% to 1-mth high as fatter profits spur utility buying

Published 18:23 on June 6, 2016  /  Last updated at 18:33 on June 6, 2016  /  EMEA, EU ETS  /  No Comments

EU carbon prices jumped on Monday as traders bet that surging energy prices would trigger utility buying in the short term, despite bearish pressure looming from higher auction volumes.

EU carbon prices jumped on Monday as traders bet that surging energy prices would trigger utility buying in the short term, despite bearish pressure looming from higher auction volumes.

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