EMEA > Euro Markets: EUAs slide even as market continues to focus on trigger for short covering rally

Euro Markets: EUAs slide even as market continues to focus on trigger for short covering rally

Published 17:20 on November 13, 2023  /  Last updated at 17:51 on November 13, 2023  / /  EMEA, EU ETS, UK ETS

European carbon prices slumped on Monday, giving up most of Friday's gain, as weaker energy prices combined to hearten the bears, though participants noted that time is running out for short positions to be covered ahead of the end of the 2023 auction programme and expiry of the front-December contract.
European carbon prices slumped on Monday, giving up most of Friday's gain, as weaker energy prices combined to hearten the bears, though participants noted that time is running out for short positions to be covered ahead of the end of the 2023 auction programme and expiry of the front-December contract.


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