EMEA > Euro Markets: EUAs drop to five-month low amid sustained selling, ignoring record auction premium

Euro Markets: EUAs drop to five-month low amid sustained selling, ignoring record auction premium

Published 17:10 on September 16, 2024  /  Last updated at 17:25 on September 16, 2024  / /  EMEA, EU ETS, UK ETS

EU carbon permit prices dropped to a five-month low on Monday afternoon, ignoring the largest-ever premium for a daily auction amid reported demand from options hedging, as sellers continued to lay siege to the market, and gas and power dropped to a seven-week and five-month lows respectively.
EU carbon permit prices dropped to a five-month low on Monday afternoon, ignoring the largest-ever premium for a daily auction amid reported demand from options hedging, as sellers continued to lay siege to the market, and gas and power dropped to a seven-week and five-month lows respectively.


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