EMEA > Euro Markets: Carbon posts modest gain as options hedging keeps market close to key level

Euro Markets: Carbon posts modest gain as options hedging keeps market close to key level

Published 17:43 on December 7, 2023  /  Last updated at 17:47 on December 7, 2023  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon prices rallied on Thursday afternoon to come closer to a key options level after bears had beaten back an effort to boost prices in mid-morning amid a modestly bullish auction outcome, while energy markets were firmer for a second day as weather forecasts showed slightly lower temperatures in the offing.
European carbon prices rallied on Thursday afternoon to come closer to a key options level after bears had beaten back an effort to boost prices in mid-morning amid a modestly bullish auction outcome, while energy markets were firmer for a second day as weather forecasts showed slightly lower temperatures in the offing.


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