EMEA > Euro Markets: EUAs set new low but rally in late trade as “jittery” market tests key levels

Euro Markets: EUAs set new low but rally in late trade as “jittery” market tests key levels

Published 17:15 on February 20, 2024  /  Last updated at 17:32 on February 20, 2024  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon prices ended Tuesday modestly higher after violent swings in the afternoon drove prices to a 31-month low, before short-covering triggered a €3.30 rally in just two hours and left the market testing another important psychological level ahead of a pause in the auction schedule.
European carbon prices ended Tuesday modestly higher after violent swings in the afternoon drove prices to a 31-month low, before short-covering triggered a €3.30 rally in just two hours and left the market testing another important psychological level ahead of a pause in the auction schedule.


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