EMEA > Euro Markets: EUAs drop in quiet trade as COT data shows third straight cut in funds’ net short

Euro Markets: EUAs drop in quiet trade as COT data shows third straight cut in funds’ net short

Published 17:21 on May 1, 2024  /  Last updated at 17:21 on May 1, 2024  / /  EMEA, EU ETS, UK ETS

European carbon allowance prices fell in light trading on Wednesday amid a European bank holiday, while weekly Commitment of Traders data that showed a third successive drop in investment funds' net short positioning triggered some speculation that prices may have reached a short-term floor.
European carbon allowance prices fell in light trading on Wednesday amid a European bank holiday, while weekly Commitment of Traders data that showed a third successive drop in investment funds' net short positioning triggered some speculation that prices may have reached a short-term floor.


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