EMEA > Euro Markets: EUAs extend two-year low as selling pressure gathers momentum

Euro Markets: EUAs extend two-year low as selling pressure gathers momentum

Published 17:22 on February 9, 2024  /  Last updated at 19:02 on February 9, 2024  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon allowances broke below a key psychological barrier on Friday, setting a fresh 23-month low as sellers grew in confidence in the face of minimal price support, while a growing number of participants highlighted the price from March 2022 as the next major target to the downside.
European carbon allowances broke below a key psychological barrier on Friday, setting a fresh 23-month low as sellers grew in confidence in the face of minimal price support, while a growing number of participants highlighted the price from March 2022 as the next major target to the downside.


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