EMEA > Euro Markets: EUAs give up rally to four-month high to settle lower, as gas and UKAs extend gains

Euro Markets: EUAs give up rally to four-month high to settle lower, as gas and UKAs extend gains

Published 17:32 on May 23, 2024  /  Last updated at 17:32 on May 23, 2024  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

EU carbon permit prices ended Thursday moderately weaker for a second day even after setting yet another four-month high, as natural gas markets continued their volatile rally and breached a key technical level, while UK Allowances strengthened for a seventh day to reach their highest since the first week of the year.
EU carbon permit prices ended Thursday moderately weaker for a second day even after setting yet another four-month high, as natural gas markets continued their volatile rally and breached a key technical level, while UK Allowances strengthened for a seventh day to reach their highest since the first week of the year.


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