EMEA > Euro Markets: EUAs slip as UKAs surge to squeeze price spread to 2-month low

Euro Markets: EUAs slip as UKAs surge to squeeze price spread to 2-month low

Published 17:42 on May 31, 2024  /  Last updated at 14:42 on June 2, 2024  / Roy Manuell /  EMEA, EU ETS, UK ETS

European carbon prices spent another session wedded to TTF natural gas, tracking marginally lower despite a strong auction result feeding in morning support, while UKAs continued to rally, jumping as much as 6% to squeeze the spread between the two markets to its lowest since early April.
European carbon prices spent another session wedded to TTF natural gas, tracking marginally lower despite a strong auction result feeding in morning support, while UKAs continued to rally, jumping as much as 6% to squeeze the spread between the two markets to its lowest since early April.


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