EMEA > Euro Markets: EUAs tumble to 7-week low as natural gas comes under pressure, options expiry looms

Euro Markets: EUAs tumble to 7-week low as natural gas comes under pressure, options expiry looms

Published 17:34 on September 10, 2024  /  Last updated at 20:36 on September 10, 2024  / /  EMEA, EU ETS, UK ETS

European carbon allowances dropped sharply on Tuesday as natural gas prices fell as much as 6.1% on diminishing concerns that US Gulf production might be impacted by an approaching tropical storm, while the looming September EUA options contract expiry was said to be starting to exert a pull on prices.
European carbon allowances dropped sharply on Tuesday as natural gas prices fell as much as 6.1% on diminishing concerns that US Gulf production might be impacted by an approaching tropical storm, while the looming September EUA options contract expiry was said to be starting to exert a pull on prices.


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