EU Market: EUAs inch higher despite late sell-off on profit-taking

Published 20:48 on February 9, 2017  /  Last updated at 20:48 on February 9, 2017  /  EMEA, EU ETS  /  No Comments

EU carbon nudged up on Thursday as a strong auction spurred speculative buying, but the market’s failure to break above technical resistance around €5.42-44 sent prices back down amid late profit-taking.

EU carbon nudged up on Thursday as a strong auction spurred speculative buying, but the market’s failure to break above technical resistance around €5.42-44 sent prices back down amid late profit-taking.

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