EMEA > Euro Markets: EUAs weaken steadily on gas pressure, before late TTF plunge drops carbon €1 after window

Euro Markets: EUAs weaken steadily on gas pressure, before late TTF plunge drops carbon €1 after window

Published 17:31 on October 31, 2024  /  Last updated at 17:42 on October 31, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices ended the month of October 1.5% lower from a month earlier, dragged lower on Thursday by falling natural gas and breaking below a key technical support mid-morning, before a late plunge in gas prices dragged EUAs down by €1 to a six-day low.
European carbon prices ended the month of October 1.5% lower from a month earlier, dragged lower on Thursday by falling natural gas and breaking below a key technical support mid-morning, before a late plunge in gas prices dragged EUAs down by €1 to a six-day low.


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