EMEA > Euro Markets: EUAs post second weekly loss as bearish trend outweighs pre-weekend short covering

Euro Markets: EUAs post second weekly loss as bearish trend outweighs pre-weekend short covering

Published 17:10 on July 19, 2024  /  Last updated at 22:42 on July 19, 2024  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon recorded a second weekly decline with prices falling to an 11-week low amid very light volume, as the market shrugged off a late short-covering rally ahead of the weekend, while energy markets also saw a quiet end to the week as the summer holiday season neared its peak.
European carbon recorded a second weekly decline with prices falling to an 11-week low amid very light volume, as the market shrugged off a late short-covering rally ahead of the weekend, while energy markets also saw a quiet end to the week as the summer holiday season neared its peak.


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.