Euro Markets: EUAs struggle for direction, ease lower under gas pressure, ahead of key EU climate meeting

Published 13:35 on February 5, 2024  /  Last updated at 18:38 on February 5, 2024  / /  EMEA, EU ETS, UK ETS

European carbon allowance prices were said to be "wandering" on Monday, with the daily spot auction clearing in line with benchmark futures prices, gas easing lower, and traders awaiting the outcome of a key EU policy meeting on Tuesday on the bloc's 2040 emissions reduction target.
European carbon allowance prices were said to be "wandering" on Monday, with the daily spot auction clearing in line with benchmark futures prices, gas easing lower, and traders awaiting the outcome of a key EU policy meeting on Tuesday on the bloc's 2040 emissions reduction target.


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