EMEA > Euro Markets: EUAs post 9% loss in June after late rally follows another two-month low

Euro Markets: EUAs post 9% loss in June after late rally follows another two-month low

Published 17:23 on June 28, 2024  /  Last updated at 19:35 on June 28, 2024  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon prices continued their week-long slide on Friday morning to set yet another two-month low amid declining liquidity, before embarking on a sharp rally that was variously attributed to options hedging or to end-of-quarter profit taking by shorts, leaving the market with a monthly loss of 9%.
European carbon prices continued their week-long slide on Friday morning to set yet another two-month low amid declining liquidity, before embarking on a sharp rally that was variously attributed to options hedging or to end-of-quarter profit taking by shorts, leaving the market with a monthly loss of 9%.


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, login here.