EMEA > Euro Markets: EUAs give up midweek gains as funds seen rebuilding short positions despite colder forecasts

Euro Markets: EUAs give up midweek gains as funds seen rebuilding short positions despite colder forecasts

Published 17:15 on January 4, 2024  /  Last updated at 17:28 on January 4, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices gave up all their midweek gains on Thursday, despite climbing nearly €1 early in the day, as selling interest resumed even though weekly data showing that investment funds had reduced their net short position for a third successive week, while energy markets rose again on forecast colder temperatures.
European carbon prices gave up all their midweek gains on Thursday, despite climbing nearly €1 early in the day, as selling interest resumed even though weekly data showing that investment funds had reduced their net short position for a third successive week, while energy markets rose again on forecast colder temperatures.


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