EMEA > Euro Markets: EUAs drop for third day as COT data shows small drop in speculators’ bearish bets

Euro Markets: EUAs drop for third day as COT data shows small drop in speculators’ bearish bets

Published 17:29 on July 10, 2024  /  Last updated at 17:34 on July 10, 2024  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

EU carbon prices fell for a third straight session on Wednesday as the energy complex gave up early gains and after weekly position data showed investment funds had shifted their holdings in favour of greater length during last week's 4.3% price rally, while UK Allowances extended their losses amid renewed speculative selling in the wake of last Thursday's election.
EU carbon prices fell for a third straight session on Wednesday as the energy complex gave up early gains and after weekly position data showed investment funds had shifted their holdings in favour of greater length during last week's 4.3% price rally, while UK Allowances extended their losses amid renewed speculative selling in the wake of last Thursday's election.


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