EMEA > Euro Markets: EUAs post marginal gain amid further cuts in funds’ short positions as energy markets recover

Euro Markets: EUAs post marginal gain amid further cuts in funds’ short positions as energy markets recover

Published 17:24 on March 27, 2024  /  Last updated at 17:25 on March 27, 2024  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

EU carbon prices ended Wednesday marginally higher after early weakness was overcome with a boost from sharply higher coal prices, after a major US export waterway was blocked by a collapsed bridge, and stronger natural gas markets, on the back of supply cuts, while the weekly commitment of traders data showed a fourth consecutive reduction in net short EUA positions held by investment funds.
EU carbon prices ended Wednesday marginally higher after early weakness was overcome with a boost from sharply higher coal prices, after a major US export waterway was blocked by a collapsed bridge, and stronger natural gas markets, on the back of supply cuts, while the weekly commitment of traders data showed a fourth consecutive reduction in net short EUA positions held by investment funds.


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