EU Market: Short-covering lifts EUAs 5% amid beaten-down dark spreads

Published 17:48 on August 3, 2016  /  Last updated at 17:48 on August 3, 2016  /  EMEA, EU ETS  /  No Comments

European carbon popped 5% higher on Wednesday, fuelled by speculative short-covering amid a lack of new supply coming to market, but record-low German clean dark spreads may limit further gains.

European carbon popped 5% higher on Wednesday, fuelled by speculative short-covering amid a lack of new supply coming to market, but record-low German clean dark spreads may limit further gains.

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