EU Market: EUAs plunge 5% to two-month low as bearish factors mount

Published 18:31 on November 28, 2016  /  Last updated at 18:31 on November 28, 2016  /  EMEA, EU ETS  /  No Comments

EU carbon prices plunged well below €5 on Monday to their lowest level since Sep. 28 as fears grew about weakened utility demand in the face of next year’s 29% hike in auction volume.

EU carbon prices plunged well below €5 on Monday to their lowest level since Sep. 28 as fears grew about weakened utility demand in the face of next year’s 29% hike in auction volume.

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