EU Market: EUAs recover 6.8% this week on collapsing coal, record auctions

Published 22:04 on August 5, 2016  /  Last updated at 22:04 on August 5, 2016  /  EMEA, EU ETS  /  No Comments

European carbon prices rose for a fourth straight day to end Friday with a 6.8% weekly gain, as auction results, tumbling coal prices, and short-covering led EUAs to recover from Tuesday's one-month low.

European carbon prices rose for a fourth straight day to end Friday with a 6.8% weekly gain, as auction results, tumbling coal prices, and short-covering led EUAs to recover from Tuesday’s one-month low.

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