EMEA > Euro Markets: Carbon shrugs off afternoon weakness in energy to post fourth consecutive gain

Euro Markets: Carbon shrugs off afternoon weakness in energy to post fourth consecutive gain

Published 17:21 on April 9, 2024  /  Last updated at 17:21 on April 9, 2024  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon prices rose for a fourth day on Tuesday as a robust reaction to a slightly below-average auction drove the market to a 10-day high, while an afternoon slide in natural gas prices was largely ignored, leading some to wonder whether speculative investors might be further reducing their short positions.
European carbon prices rose for a fourth day on Tuesday as a robust reaction to a slightly below-average auction drove the market to a 10-day high, while an afternoon slide in natural gas prices was largely ignored, leading some to wonder whether speculative investors might be further reducing their short positions.


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