EMEA > Euro Markets: EUAs drop to one-month lows as traders look beyond auction pause to bearish fundamentals

Euro Markets: EUAs drop to one-month lows as traders look beyond auction pause to bearish fundamentals

Published 17:23 on September 7, 2023  /  Last updated at 18:32 on September 7, 2023  / /  EMEA, EU ETS, UK ETS

European carbon allowances gave up morning gains for a second session on Thursday, posting their sixth day of losses as a sparsely-populated market looked past a second day without auction supply to more bearish fundamental indicators, while natural gas fluctuated sharply amid conflicting reports around a scheduled strike at LNG plants in Australia.
European carbon allowances gave up morning gains for a second session on Thursday, posting their sixth day of losses as a sparsely-populated market looked past a second day without auction supply to more bearish fundamental indicators, while natural gas fluctuated sharply amid conflicting reports around a scheduled strike at LNG plants in Australia.


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