Euro Markets: EUAs post lowest settlement in 6 months as fundamental gloom builds

Published 17:15 on October 2, 2024  /  Last updated at 18:27 on October 2, 2024  / /  EMEA, EU ETS, UK ETS

EU carbon prices fell to their lowest settlement in six months with buying activity was little in evidence as participants continued to eye weak fundamentals, even as weekly position data showed investment funds cutting their bearish bets by around a third, and UK Allowances extended their decline for an eighth straight day.
EU carbon prices fell to their lowest settlement in six months with buying activity was little in evidence as participants continued to eye weak fundamentals, even as weekly position data showed investment funds cutting their bearish bets by around a third, and UK Allowances extended their decline for an eighth straight day.


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