EMEA > Euro Markets: EUAs snap seven-day losing streak with modest gain on back of continued gas strength

Euro Markets: EUAs snap seven-day losing streak with modest gain on back of continued gas strength

Published 17:30 on September 11, 2023  /  Last updated at 17:52 on September 11, 2023  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon prices rose slightly on Monday morning despite a relatively weak auction result, as EUAs garnered some support from a strong advance in natural gas after a major Australian LNG producer said there was little prospect of a swift resolution to strikes that have cut gas output.
European carbon prices rose slightly on Monday morning despite a relatively weak auction result, as EUAs garnered some support from a strong advance in natural gas after a major Australian LNG producer said there was little prospect of a swift resolution to strikes that have cut gas output.


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