EMEA > Euro Markets: EUAs drop below technical level as UKAs give up last of Monday’s reform-inspired gains

Euro Markets: EUAs drop below technical level as UKAs give up last of Monday’s reform-inspired gains

Published 17:17 on July 5, 2023  /  Last updated at 17:41 on July 5, 2023  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

EUA prices extended their losses for a third day amid low-key trading, falling below an important technical level as numerous participants headed to an industry conference, while UKAs gave up the last of Monday's 8.2% jump as the market reaction to news of UK ETS reforms turned bearish, and energy markets fell with renewables output forecast to rise.
EUA prices extended their losses for a third day amid low-key trading, falling below an important technical level as numerous participants headed to an industry conference, while UKAs gave up the last of Monday's 8.2% jump as the market reaction to news of UK ETS reforms turned bearish, and energy markets fell with renewables output forecast to rise.


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