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  / /  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%.


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