Euro Markets: EUAs remain rangebound ahead of options expiry as UKAs finally breach key level

Published 17:19 on June 18, 2024  /  Last updated at 17:25 on June 18, 2024  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon prices edged higher but remained broadly within their recent range on Tuesday, moving in a €1.54 channel as the market continued to position itself ahead of Wednesday's expiry of the June options contract, while UK Allowances broke above a key psychological level that had been capping the British market's recent rally.
European carbon prices edged higher but remained broadly within their recent range on Tuesday, moving in a €1.54 channel as the market continued to position itself ahead of Wednesday's expiry of the June options contract, while UK Allowances broke above a key psychological level that had been capping the British market's recent rally.


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