EMEA > EUA prices oversold, may rally more than 20% by year-end -analysts

EUA prices oversold, may rally more than 20% by year-end -analysts

Published 12:53 on February 26, 2024  /  Last updated at 23:47 on February 26, 2024  / Alessandro Vitelli /  EMEA, EU ETS

EUAs are currently oversold and look set to rally more than 20% by the end of the year, according to analysts, who say the market's strong correlation with natural gas has dragged carbon permit prices down more than is justified by fundamentals.
EUAs are currently oversold and look set to rally more than 20% by the end of the year, according to analysts, who say the market's strong correlation with natural gas has dragged carbon permit prices down more than is justified by fundamentals.


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