EMEA > Euro Markets: Carbon extends gains amid renewed close links with natural gas

Euro Markets: Carbon extends gains amid renewed close links with natural gas

Published 17:09 on October 14, 2024  /  Last updated at 17:15 on October 14, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices resumed their upward trend on Monday as participants continued their accumulation after last week's short-squeeze rally was triggered by investment funds amassing the largest net short position since March, while energy markets posted steady gains amid forecasts for lower temperatures.
European carbon prices resumed their upward trend on Monday as participants continued their accumulation after last week's short-squeeze rally was triggered by investment funds amassing the largest net short position since March, while energy markets posted steady gains amid forecasts for lower temperatures.


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.