EMEA > Euro Markets: EUAs post second-biggest daily increase of the year as buyers return in force

Euro Markets: EUAs post second-biggest daily increase of the year as buyers return in force

Published 17:23 on May 2, 2024  /  Last updated at 18:33 on May 2, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices jumped sharply on Thursday to post their second-biggest one-day gain of the year as speculative traders were said to be further reducing their short positions after Wednesday's Commitment of Traders data showed investment funds had trimmed their overall bearish bets for a third week in a row.
European carbon prices jumped sharply on Thursday to post their second-biggest one-day gain of the year as speculative traders were said to be further reducing their short positions after Wednesday's Commitment of Traders data showed investment funds had trimmed their overall bearish bets for a third week in a row.


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