EMEA > Euro Markets: Colder weather forecasts drive EUAs to biggest daily gain in two weeks

Euro Markets: Colder weather forecasts drive EUAs to biggest daily gain in two weeks

Published 17:52 on November 23, 2023  /  Last updated at 18:00 on November 23, 2023  / /  EMEA, EU ETS, UK ETS

European carbon permits traded around their recent support levels in the morning after setting yet another year-to-date low amid an "arm-wrestle" between bulls and bears, before rising strongly in the afternoon to post their biggest daily gain in two weeks, while energy markets rose robustly late in the day with temperatures set to decline.
European carbon permits traded around their recent support levels in the morning after setting yet another year-to-date low amid an "arm-wrestle" between bulls and bears, before rising strongly in the afternoon to post their biggest daily gain in two weeks, while energy markets rose robustly late in the day with temperatures set to decline.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, log in here.