EMEA > Euro Markets: EUAs extend losses, approach two-year low before late rally ahead of position data

Euro Markets: EUAs extend losses, approach two-year low before late rally ahead of position data

Published 17:24 on February 13, 2024  /  Last updated at 17:54 on February 13, 2024  / /  EMEA, EU ETS, UK ETS

EU carbon allowances continued their retreat under the weight of selling pressure on Tuesday, reaching yet another 23-month low as traders focused on a key price level last seen during the first days of the conflict in Ukraine, before the market saw a late rally ahead of weekly position data due on Wednesday morning.
EU carbon allowances continued their retreat under the weight of selling pressure on Tuesday, reaching yet another 23-month low as traders focused on a key price level last seen during the first days of the conflict in Ukraine, before the market saw a late rally ahead of weekly position data due on Wednesday morning.


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