Euro Markets: EUAs snap losing streak after Commitment of Traders data shows funds hold record net short

Published 17:40 on November 8, 2023  /  Last updated at 17:51 on November 8, 2023  / /  EMEA, EU ETS, UK ETS

European carbon prices recovered from early lows after the weekly Commitment of Traders data showed investment funds have amassed the largest total short position in two years and the largest-ever net short position, but the scale of the reaction left many participants still unsure about which way prices are likely to move.
European carbon prices recovered from early lows after the weekly Commitment of Traders data showed investment funds have amassed the largest total short position in two years and the largest-ever net short position, but the scale of the reaction left many participants still unsure about which way prices are likely to move.


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