EMEA > Euro Markets: EUAs rally twice to post small gain ahead of options expiry, position report

Euro Markets: EUAs rally twice to post small gain ahead of options expiry, position report

Published 17:15 on March 12, 2024  /  Last updated at 17:43 on March 12, 2024  / /  EMEA, EU ETS, UK ETS

EU carbon allowance prices posted their first gain in five days on Tuesday, as they twice clawed back losses after the daily auction cleared at a premium to the spot and traders later covered positions ahead of Wednesday's options expiry and positions data, while energy markets fell again due to a persistently bearish fundamental outlook.
EU carbon allowance prices posted their first gain in five days on Tuesday, as they twice clawed back losses after the daily auction cleared at a premium to the spot and traders later covered positions ahead of Wednesday's options expiry and positions data, while energy markets fell again due to a persistently bearish fundamental outlook.


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, login here.