Euro Markets: EUAs weaken with energy despite covering as position data shows boost in shorts

Published 17:25 on October 11, 2023  /  Last updated at 17:50 on October 11, 2023  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon prices clawed back early losses on Wednesday morning, as initial weakness triggered by falling energy prices was subsequently outweighed by the weekly Commitment of Traders data that showed investment funds had increased their net short position last week.
European carbon prices clawed back early losses on Wednesday morning, as initial weakness triggered by falling energy prices was subsequently outweighed by the weekly Commitment of Traders data that showed investment funds had increased their net short position last week.


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