EMEA > Euro Markets: EUAs stabilise after sharp morning drop as traders anticipate weekly position data

Euro Markets: EUAs stabilise after sharp morning drop as traders anticipate weekly position data

Published 17:31 on May 7, 2024  /  Last updated at 17:31 on May 7, 2024  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon prices dropped steeply on Tuesday morning amid robust selling as traders took profit after EUAs failed to breach the psychologically important €75.00 level for a third time, before stabilising for the rest of the session as participants began to anticipate Wednesday's Commitment of Traders data.
European carbon prices dropped steeply on Tuesday morning amid robust selling as traders took profit after EUAs failed to breach the psychologically important €75.00 level for a third time, before stabilising for the rest of the session as participants began to anticipate Wednesday's Commitment of Traders data.


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