EMEA > Euro Markets: EUAs get boost from higher gas prices, climb strongly amid early short-covering

Euro Markets: EUAs get boost from higher gas prices, climb strongly amid early short-covering

Published 17:26 on January 24, 2024  /  Last updated at 17:35 on January 24, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices extended their gains for a second day amid speculation over potential short-covering, as weekly position data showed investment funds continuing to rebuild their net short position, while energy prices moved higher as gas imports were seen declining.
European carbon prices extended their gains for a second day amid speculation over potential short-covering, as weekly position data showed investment funds continuing to rebuild their net short position, while energy prices moved higher as gas imports were seen declining.


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