EMEA > Euro Markets: EUAs extend sideways trading channel as August supply cut offsets gas weakness

Euro Markets: EUAs extend sideways trading channel as August supply cut offsets gas weakness

Published 17:22 on July 17, 2023  /  Last updated at 17:32 on July 17, 2023  / /  EMEA, EU ETS, UK ETS

European carbon prices posted a third successive modest gain as the week began, with the market trading largely sideways on Monday and extending the trading channel that has prevailed for the last ten days as traders continued to anticipate the annual reduction in auction volumes in August, offsetting recent weakness in gas prices.
European carbon prices posted a third successive modest gain as the week began, with the market trading largely sideways on Monday and extending the trading channel that has prevailed for the last ten days as traders continued to anticipate the annual reduction in auction volumes in August, offsetting recent weakness in gas prices.


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