EMEA > Euro Markets: EUAs buckle under heavy selling pressure despite auction cuts as UKAs plunge to record low

Euro Markets: EUAs buckle under heavy selling pressure despite auction cuts as UKAs plunge to record low

Published 17:28 on August 1, 2023  /  Last updated at 17:52 on August 1, 2023  / /  EMEA, EU ETS, UK ETS

European carbon began the month of August on a weak note, belying expectations of a supply cut-driven rally as aggressive selling drove the market to a seven-week low, while front-December UK Allowance futures dropped to the lowest price on record as the outlook for British demand continued to worsen.
European carbon began the month of August on a weak note, belying expectations of a supply cut-driven rally as aggressive selling drove the market to a seven-week low, while front-December UK Allowance futures dropped to the lowest price on record as the outlook for British demand continued to worsen.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, log in here.

This page is intended to be viewed online and may not be printed.
As per our terms and conditions, the republication or redistribution of Carbon Pulse content can result in the suspension or termination of your subscription.