EMEA > Euro Markets: EUAs snap three-day winning streak, swing in €3.40 range in line with volatile gas

Euro Markets: EUAs snap three-day winning streak, swing in €3.40 range in line with volatile gas

Published 17:12 on March 19, 2024  /  Last updated at 17:12 on March 19, 2024  / /  EMEA, EU ETS, UK ETS

European carbon allowance prices whipsawed sharply on Tuesday, making early gains of as much as 2.4% and briefly topping a technical resistance level as benchmark TTF futures rose to a six-week high, before slumping as low as 3.1% in the afternoon as the market continued to be driven by swings on gas.
European carbon allowance prices whipsawed sharply on Tuesday, making early gains of as much as 2.4% and briefly topping a technical resistance level as benchmark TTF futures rose to a six-week high, before slumping as low as 3.1% in the afternoon as the market continued to be driven by swings on gas.


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