EMEA > Euro Markets: EUAs post modest gain in light trade as funds cut shorts, while gas market edges lower

Euro Markets: EUAs post modest gain in light trade as funds cut shorts, while gas market edges lower

Published 17:20 on August 14, 2024  /  Last updated at 17:40 on August 14, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices shrugged off weakness in natural gas to end Wednesday moderately higher, targeting a key resistance level amid a re-emergence of buying interest after Tuesday's decline and as weekly position data showed investment funds had cut their bearish bets to the lowest in two months.
European carbon prices shrugged off weakness in natural gas to end Wednesday moderately higher, targeting a key resistance level amid a re-emergence of buying interest after Tuesday's decline and as weekly position data showed investment funds had cut their bearish bets to the lowest in two months.


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