EMEA > Euro Markets: EUAs post sharp gain amid strong auction and gas support as UKAs continue to fall

Euro Markets: EUAs post sharp gain amid strong auction and gas support as UKAs continue to fall

Published 17:27 on September 21, 2023  /  Last updated at 17:52 on September 21, 2023  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

EU carbon prices posted robust gains on Thursday after a strong auction outcome triggered steady buying and firmer gas prices lent support, while UK Allowances slid to yet another record low as traders fretted about bearish political signals and speculated over whether UKA prices were set to test an auction reserve price.
EU carbon prices posted robust gains on Thursday after a strong auction outcome triggered steady buying and firmer gas prices lent support, while UK Allowances slid to yet another record low as traders fretted about bearish political signals and speculated over whether UKA prices were set to test an auction reserve price.


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