EMEA > Euro Markets: EUAs give up two days of gains on technical, energy selling after COT shows funds cut shorts

Euro Markets: EUAs give up two days of gains on technical, energy selling after COT shows funds cut shorts

Published 17:14 on October 30, 2024  /  Last updated at 17:31 on October 30, 2024  / /  EMEA, EU ETS, UK ETS

EU carbon allowance prices fell back on Wednesday amid a wider retreat in energy markets, as weekly positioning data showed speculative players had cut their net short position in carbon significantly, easing the upward pressure on prices, while investment funds continued to add length in natural gas.
EU carbon allowance prices fell back on Wednesday amid a wider retreat in energy markets, as weekly positioning data showed speculative players had cut their net short position in carbon significantly, easing the upward pressure on prices, while investment funds continued to add length in natural gas.


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