Euro Markets: EUAs at four-week high as anticipation of August rally drives market

Published 17:33 on July 20, 2023  /  Last updated at 17:58 on July 20, 2023  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon prices rose above €90 for the first time in almost four weeks on Thursday as buying pressure steadily boosted the market for a sixth day ahead of the annual August cut in auction volumes, while energy prices reversed early losses to advance for a third successive session.
European carbon prices rose above €90 for the first time in almost four weeks on Thursday as buying pressure steadily boosted the market for a sixth day ahead of the annual August cut in auction volumes, while energy prices reversed early losses to advance for a third successive session.


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