EMEA > Euro Markets: EUAs jump on short squeeze after position data show investors added to short positions

Euro Markets: EUAs jump on short squeeze after position data show investors added to short positions

Published 17:24 on September 13, 2023  /  Last updated at 19:02 on September 13, 2023  / /  EMEA, EU ETS, UK ETS

European carbon prices rose strongly on Wednesday afternoon as traders reacted to data showing that investment funds had increased their bearish bets for a third week, accumulating the largest total short position in nearly two years, while UK Allowances fell to a new record low.
European carbon prices rose strongly on Wednesday afternoon as traders reacted to data showing that investment funds had increased their bearish bets for a third week, accumulating the largest total short position in nearly two years, while UK Allowances fell to a new record low.


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