EMEA > Euro Markets: EUAs settle at 18-month low despite afternoon recovery

Euro Markets: EUAs settle at 18-month low despite afternoon recovery

Published 17:25 on January 22, 2024  /  Last updated at 17:38 on January 22, 2024  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

Front-December European carbon futures fell to their lowest settlement price in 18 months despite a strong rally that saw prices claw back €2 in the afternoon, with buyers said to be little in evidence and hedging demand almost non-existent as clean spreads remained negative, while energy markets also trimmed early losses.
Front-December European carbon futures fell to their lowest settlement price in 18 months despite a strong rally that saw prices claw back €2 in the afternoon, with buyers said to be little in evidence and hedging demand almost non-existent as clean spreads remained negative, while energy markets also trimmed early losses.


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