Euro Markets: EUAs post 2.5% weekly loss, hit 5-month low as market trades in narrowest range since April 2021

Published 17:22 on October 27, 2023  /  Last updated at 23:19 on October 27, 2023  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon prices posted a weekly 2.5% loss and set a new 5-month low on Friday despite trading in their narrowest five-day range since April 2021, reflecting a lack of momentum or conviction in either direction as traders took to the sidelines ahead of the weekend, while energy markets were little changed as fundamentals remained broadly unchanged.
European carbon prices posted a weekly 2.5% loss and set a new 5-month low on Friday despite trading in their narrowest five-day range since April 2021, reflecting a lack of momentum or conviction in either direction as traders took to the sidelines ahead of the weekend, while energy markets were little changed as fundamentals remained broadly unchanged.


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