EMEA > Euro Markets: EUAs post largest weekly loss since August despite short covering ahead of tense weekend

Euro Markets: EUAs post largest weekly loss since August despite short covering ahead of tense weekend

Published 17:32 on October 20, 2023  /  Last updated at 19:40 on October 20, 2023  / /  EMEA, EU ETS, UK ETS

European carbon prices posted a fifth daily decline to record a 5.3% weekly drop in relatively light trading on Friday, as prices shrugged off short covering ahead of the weekend amid a tense geopolitical atmosphere, and ignored a slight boost in energy markets as the European weather outlook turned slightly colder.
European carbon prices posted a fifth daily decline to record a 5.3% weekly drop in relatively light trading on Friday, as prices shrugged off short covering ahead of the weekend amid a tense geopolitical atmosphere, and ignored a slight boost in energy markets as the European weather outlook turned slightly colder.


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