EMEA > Euro Markets: EUAs drop to 13-month low in “falling knife” market as bearish sentiment persists

Euro Markets: EUAs drop to 13-month low in “falling knife” market as bearish sentiment persists

Published 17:11 on November 29, 2023  /  Last updated at 17:33 on November 29, 2023  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon prices fell to a new 13-month low on Wednesday after data from futures exchanges showed that investment funds had built a record net short position after trimming it the prior week, while the main energy markets dropped to their lowest levels in 22 months.
European carbon prices fell to a new 13-month low on Wednesday after data from futures exchanges showed that investment funds had built a record net short position after trimming it the prior week, while the main energy markets dropped to their lowest levels in 22 months.


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