EMEA > EU Market: EUAs hold near €5 amid underwhelming auction, imminent supply rise

EU Market: EUAs hold near €5 amid underwhelming auction, imminent supply rise

Published 18:18 on March 23, 2017  /  Last updated at 08:36 on March 24, 2017  / Ben Garside /  EMEA, EU ETS  /  No Comments

EU carbon prices were pinned close to €5 on Thursday in rangebound trade that failed to test the previous session’s one-month low as governments continued to process free allowance allocations to their industries.

EU carbon prices were pinned close to €5 on Thursday in rangebound trade despite an underwhelming auction and an imminent rise allowance supply.

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