Euro Markets: EUAs remain rangebound ahead of options expiry as funds cut some length

Published 17:25 on June 12, 2024  /  Last updated at 17:48 on June 12, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices were little changed for a third day on Wednesday as a robust rally along with natural gas after early weakness was erased by the close, while weekly Commitment of Traders data showed that the aggregate net short position among investment funds continued to grow due to an overall reduction in long positions.
European carbon prices were little changed for a third day on Wednesday as a robust rally along with natural gas after early weakness was erased by the close, while weekly Commitment of Traders data showed that the aggregate net short position among investment funds continued to grow due to an overall reduction in long positions.


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.