EMEA > Euro Markets: EUAs little-changed as short squeeze followed by balanced market with shorts holding steady

Euro Markets: EUAs little-changed as short squeeze followed by balanced market with shorts holding steady

Published 17:10 on September 14, 2023  /  Last updated at 17:33 on September 14, 2023  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon prices ended Thursday little changed after the previous session's short squeeze-driven rally, consolidating their gains even as short-positioned traders appeared to step back from the market, while participants speculated whether short-term fundamentals are sufficiently bearish to justify the recent decline, and how long the present rally would last.
European carbon prices ended Thursday little changed after the previous session's short squeeze-driven rally, consolidating their gains even as short-positioned traders appeared to step back from the market, while participants speculated whether short-term fundamentals are sufficiently bearish to justify the recent decline, and how long the present rally would last.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.