EMEA > Euro Markets: EUAs drop back out of recent channel in light trading as funds cut net short yet again

Euro Markets: EUAs drop back out of recent channel in light trading as funds cut net short yet again

Published 17:25 on May 15, 2024  /  Last updated at 17:25 on May 15, 2024  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon prices dropped back out of their recent channel between €70-€75 on Wednesday as steady selling applied constant pressure as the weekly Commitment of Traders data showed yet another small cut to investment funds' net short position, while energy markets firmed slightly despite broadly stable fundamentals.
European carbon prices dropped back out of their recent channel between €70-€75 on Wednesday as steady selling applied constant pressure as the weekly Commitment of Traders data showed yet another small cut to investment funds' net short position, while energy markets firmed slightly despite broadly stable fundamentals.


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