EMEA > Euro Markets: EUAs give up morning gains amid steep plunge in gas prices on delay to strike action

Euro Markets: EUAs give up morning gains amid steep plunge in gas prices on delay to strike action

Published 17:54 on September 6, 2023  /  Last updated at 17:59 on September 6, 2023  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon fell sharply in the afternoon on Wednesday, wiping out the morning's gains amid a plunge in gas prices after strike action at LNG plants in Australia was delayed, and following the release of positioning data that showed that speculative traders had increased their net short holdings.
European carbon fell sharply in the afternoon on Wednesday, wiping out the morning's gains amid a plunge in gas prices after strike action at LNG plants in Australia was delayed, and following the release of positioning data that showed that speculative traders had increased their net short holdings.


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