EMEA > Euro Markets: EUAs plunge 3.2% to one-month low amid energy weakness

Euro Markets: EUAs plunge 3.2% to one-month low amid energy weakness

Published 17:11 on September 3, 2024  /  Last updated at 10:24 on September 5, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices dropped to their lowest in a month on Tuesday as the weight of selling pressure continued to hang over the market, amplified by US traders returning from the annual Labor Day holiday, while an upward revision to France's expected nuclear generation this year and bearish Chinese economic data added to weakness in the energy complex.
European carbon prices dropped to their lowest in a month on Tuesday as the weight of selling pressure continued to hang over the market, amplified by US traders returning from the annual Labor Day holiday, while an upward revision to France's expected nuclear generation this year and bearish Chinese economic data added to weakness in the energy complex.


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, log in here.

This page is intended to be viewed online and may not be printed.
As per our terms and conditions, the republication or redistribution of Carbon Pulse content can result in the suspension or termination of your subscription.