EMEA > Euro Markets: Carbon falls for a third day as bearish sentiment spreads even as funds stand pat

Euro Markets: Carbon falls for a third day as bearish sentiment spreads even as funds stand pat

Published 17:31 on January 10, 2024  /  Last updated at 17:31 on January 10, 2024  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon prices extended their losses for a third day as bearish sentiment gathered momentum amid reports of compliance selling and utility fuel-switching from coal to gas, while the weekly Commitment of Traders report showed that commercial participants had added a hefty 40 Mt of short positions last week, while funds made minimal changes to their holdings.
European carbon prices extended their losses for a third day as bearish sentiment gathered momentum amid reports of compliance selling and utility fuel-switching from coal to gas, while the weekly Commitment of Traders report showed that commercial participants had added a hefty 40 Mt of short positions last week, while funds made minimal changes to their holdings.


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.