EU Market: Well-bid first 2017 auction, short-covering send EUAs higher

Published 18:57 on January 9, 2017  /  Last updated at 18:57 on January 9, 2017  /  EMEA, EU ETS  /  No Comments

European carbon prices rose on Monday on short-covering after a well-bid first EUA auction of 2017 and the benchmark contract’s failure to fall below a technical level just south of €5.

European carbon prices rose on Monday on short-covering after a well-bid first EUA auction of 2017 and the benchmark contract’s failure to fall below a technical level just south of €5.

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