EMEA > Euro Markets: EUAs give up midday gains as sellers return, while traders roll positions into Dec-24 contract

Euro Markets: EUAs give up midday gains as sellers return, while traders roll positions into Dec-24 contract

Published 17:15 on December 15, 2023  /  Last updated at 20:37 on December 15, 2023  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon prices came under pressure once again on Friday afternoon as short-positioned traders found little resistance through to the settlement window and many participants continued to roll Dec-23 positions into the next-year's contract, while energy markets weakened for a second consecutive day on mild weather and higher renewable output.
European carbon prices came under pressure once again on Friday afternoon as short-positioned traders found little resistance through to the settlement window and many participants continued to roll Dec-23 positions into the next-year's contract, while energy markets weakened for a second consecutive day on mild weather and higher renewable output.


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, login here.