EMEA > Euro Markets: EUAs rise for a third day as auction pause bites, funds trim net short position

Euro Markets: EUAs rise for a third day as auction pause bites, funds trim net short position

Published 17:05 on December 20, 2023  /  Last updated at 21:37 on December 20, 2023  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon made robust gains on Wednesday, the benchmark front-December posting its largest daily gain in 11 months as energy prices rallied after Tuesday's sell-off, while exchange data showed that investment funds had reduced their net short position last week for only the second time since mid-October.
European carbon made robust gains on Wednesday, the benchmark front-December posting its largest daily gain in 11 months as energy prices rallied after Tuesday's sell-off, while exchange data showed that investment funds had reduced their net short position last week for only the second time since mid-October.


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