EMEA > Euro Markets: EUAs slide despite strong gains in gas as market battles over key support level

Euro Markets: EUAs slide despite strong gains in gas as market battles over key support level

Published 17:20 on August 7, 2023  /  Last updated at 18:31 on August 7, 2023  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon allowance prices declined in thin trading on Monday, with bulls and bears battling over a key technical level, while natural gas made strong gains even as data showed further contractions in industrial output in the EU's largest economy.
European carbon allowance prices declined in thin trading on Monday, with bulls and bears battling over a key technical level, while natural gas made strong gains even as data showed further contractions in industrial output in the EU's largest economy.


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