EMEA > Euro Markets: EUAs trim weekly gain as traders speculate whether August rally is over

Euro Markets: EUAs trim weekly gain as traders speculate whether August rally is over

Published 17:36 on August 18, 2023  /  Last updated at 20:44 on August 18, 2023  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon prices dropped sharply on Friday, trimming the week's gain to just 1.5% as selling picked up after prices had reached a 13-day high on Thursday, with traders speculating whether the traditional August rally had run out of steam early or if the slump was merely due to short-term profit taking.
European carbon prices dropped sharply on Friday, trimming the week's gain to just 1.5% as selling picked up after prices had reached a 13-day high on Thursday, with traders speculating whether the traditional August rally had run out of steam early or if the slump was merely due to short-term profit taking.


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