Euro Markets: EUAs test major support level either side of short-lived afternoon rally as gas rises

Published 17:50 on July 18, 2024  /  Last updated at 19:28 on July 18, 2024  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon allowance prices weakened marginally on Thursday, repeatedly testing support at a key psychological and technical level even after a steep rally in gas prices in the afternoon had briefly interrupted EUAs' bearish trend.
European carbon allowance prices weakened marginally on Thursday, repeatedly testing support at a key psychological and technical level even after a steep rally in gas prices in the afternoon had briefly interrupted EUAs' bearish trend.


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