EMEA > Euro Markets: EUAs post modest drop in volatile trading as profit-taking and new shorts compete

Euro Markets: EUAs post modest drop in volatile trading as profit-taking and new shorts compete

Published 17:15 on March 7, 2024  /  Last updated at 17:27 on March 7, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices swung violently for a second day on Thursday as continued short covering sustained the market after a weak auction, pushing it above key technical resistance levels, before longer term shorts reasserted themselves in the afternoon and unwound the day's gains.
European carbon prices swung violently for a second day on Thursday as continued short covering sustained the market after a weak auction, pushing it above key technical resistance levels, before longer term shorts reasserted themselves in the afternoon and unwound the day's gains.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, log in here.

This page is intended to be viewed online and may not be printed.
As per our terms and conditions, the republication or redistribution of Carbon Pulse content can result in the suspension or termination of your subscription.