EMEA > Euro Markets: EUAs wipe out early gains as speculators bolster growing short positions

Euro Markets: EUAs wipe out early gains as speculators bolster growing short positions

Published 17:10 on November 1, 2023  /  Last updated at 22:36 on November 1, 2023  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon prices endured a day of two halves on Wednesday, rallying to a key technical and psychological level early on after exchange data showed investment funds continued to amass short positions last week, before short-positioned funds wrested back the initiative and sold the market to near its recent five-month lows.
European carbon prices endured a day of two halves on Wednesday, rallying to a key technical and psychological level early on after exchange data showed investment funds continued to amass short positions last week, before short-positioned funds wrested back the initiative and sold the market to near its recent five-month lows.


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