EMEA > Euro Markets: EUAs resume decline after March expiry as position data shows small cut in fund shorts

Euro Markets: EUAs resume decline after March expiry as position data shows small cut in fund shorts

Published 17:14 on March 13, 2024  /  Last updated at 17:36 on March 13, 2024  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon prices resumed their downward trajectory on Wednesday, unwinding the remainder of their gains from last week's rally after a brief pause on Tuesday, as weekly positions data from the main exchanges showed investment funds had reduced their net short position by less than traders had been expecting, boosting the confidence of the bears.
European carbon prices resumed their downward trajectory on Wednesday, unwinding the remainder of their gains from last week's rally after a brief pause on Tuesday, as weekly positions data from the main exchanges showed investment funds had reduced their net short position by less than traders had been expecting, boosting the confidence of the bears.


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