EMEA > Euro Markets: EUAs slide to another 13-month low as funds boost net short even as expiry looms

Euro Markets: EUAs slide to another 13-month low as funds boost net short even as expiry looms

Published 17:38 on December 6, 2023  /  Last updated at 19:06 on December 6, 2023  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon gave up a modest recovery on Wednesday morning to slump to a new 13-month low after weekly position data showed investment funds had further increased their already-record net short positions with the Dec-23 futures contract just eight trading days away from expiry, even as natural gas and power prices snapped a sharp two-day loss.
European carbon gave up a modest recovery on Wednesday morning to slump to a new 13-month low after weekly position data showed investment funds had further increased their already-record net short positions with the Dec-23 futures contract just eight trading days away from expiry, even as natural gas and power prices snapped a sharp two-day loss.


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