EMEA > Euro Markets: EUAs slip back into recent trading range amid energy weakness

Euro Markets: EUAs slip back into recent trading range amid energy weakness

Published 17:23 on May 28, 2024  /  Last updated at 17:49 on May 28, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices declined moderately on Tuesday, falling back into a recent trading range amid general weakness in the energy complex, further reinforcing the correlation between EUAs and natural gas prices even as the month neared its end and hedging of TTF options positions appeared to be over.
European carbon prices declined moderately on Tuesday, falling back into a recent trading range amid general weakness in the energy complex, further reinforcing the correlation between EUAs and natural gas prices even as the month neared its end and hedging of TTF options positions appeared to be over.


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