EMEA > Euro Markets: EUAs extend sideways trading, post 1.7% weekly loss but remain in channel

Euro Markets: EUAs extend sideways trading, post 1.7% weekly loss but remain in channel

Published 17:10 on May 17, 2024  /  Last updated at 20:08 on May 17, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices rose early on Friday, catching support from rising natural gas and a relatively strong auction outcome, before giving up most of their gains to post a 1.7% weekly loss as the market continued to move within the €68-€72 range it has occupied all week, while UK Allowances rose to a three-month high in late trading.
European carbon prices rose early on Friday, catching support from rising natural gas and a relatively strong auction outcome, before giving up most of their gains to post a 1.7% weekly loss as the market continued to move within the €68-€72 range it has occupied all week, while UK Allowances rose to a three-month high in late trading.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, log in here.

This page is intended to be viewed online and may not be printed.
As per our terms and conditions, the republication or redistribution of Carbon Pulse content can result in the suspension or termination of your subscription.