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.


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