EMEA > Euro Markets: Weak gas and power markets continue to pile pressure on carbon as option expiry looms

Euro Markets: Weak gas and power markets continue to pile pressure on carbon as option expiry looms

Published 18:20 on December 11, 2023  /  Last updated at 19:11 on December 11, 2023  / /  EMEA, EU ETS, UK ETS

European carbon prices came under yet more pressure on Monday as natural gas dropped sharply amid forecasts for average seasonal temperatures and storage levels remained high, before stabilising and settling at their lowest level in nearly 14 months, while traders anticipated this week's expiry of the December options contract.
European carbon prices came under yet more pressure on Monday as natural gas dropped sharply amid forecasts for average seasonal temperatures and storage levels remained high, before stabilising and settling at their lowest level in nearly 14 months, while traders anticipated this week's expiry of the December options contract.


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