EMEA > Euro Markets: EUAs reach 3-month high, post 18% weekly gain as short covering continues amid energy strength

Euro Markets: EUAs reach 3-month high, post 18% weekly gain as short covering continues amid energy strength

Published 17:19 on April 12, 2024  /  Last updated at 19:24 on April 12, 2024  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon prices jumped to their highest in three months late on Friday, extending Thursday's 8% gain and posting an 18% weekly increase, as short-covering continued to drive the market, while also helping boost energy prices to their strongest in more than two months.
European carbon prices jumped to their highest in three months late on Friday, extending Thursday's 8% gain and posting an 18% weekly increase, as short-covering continued to drive the market, while also helping boost energy prices to their strongest in more than two months.


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