EMEA > Euro Markets: Carbon prices move back into recent range amid steady buying, stronger gas

Euro Markets: Carbon prices move back into recent range amid steady buying, stronger gas

Published 17:22 on May 16, 2024  /  Last updated at 17:22 on May 16, 2024  / /  EMEA, EU ETS, UK ETS

EU carbon allowance prices rallied steadily throughout much of the day on Thursday, shrugging off a late dip, as the Dec-24 EUA contract climbed back into its recent trading range, boosted by a recovery in natural gas prices amid forecasts for lower renewables output.
EU carbon allowance prices rallied steadily throughout much of the day on Thursday, shrugging off a late dip, as the Dec-24 EUA contract climbed back into its recent trading range, boosted by a recovery in natural gas prices amid forecasts for lower renewables output.


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