EMEA > Euro Markets: EUAs extend losses to settle at four-month low as demand outlook sees weak fossil burn

Euro Markets: EUAs extend losses to settle at four-month low as demand outlook sees weak fossil burn

Published 17:23 on October 2, 2023  /  Last updated at 17:36 on October 2, 2023  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon fell on Monday morning, dropping to an eight-day low as demand appeared to be retreating amid growing expectations that fossil burn will remain weak even at the start of the winter demand season, while energy prices also retreated as North Sea gas supply improved.
European carbon fell on Monday morning, dropping to an eight-day low as demand appeared to be retreating amid growing expectations that fossil burn will remain weak even at the start of the winter demand season, while energy prices also retreated as North Sea gas supply improved.


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.