EMEA > Euro Markets: EUAs drop for fifth time in six days despite afternoon rally as market digests US election result

Euro Markets: EUAs drop for fifth time in six days despite afternoon rally as market digests US election result

Published 17:12 on November 6, 2024  /  Last updated at 17:17 on November 6, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices fell for the fifth time in the last six days on Wednesday as early selling across energy markets on the back of the US election outcome gave way to a general afternoon rally, after positioning data showed investment funds had cut their bearish bets on carbon to the lowest in nine weeks.
European carbon prices fell for the fifth time in the last six days on Wednesday as early selling across energy markets on the back of the US election outcome gave way to a general afternoon rally, after positioning data showed investment funds had cut their bearish bets on carbon to the lowest in nine weeks.


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