Euro Markets: EUAs shed 1.8% as investment funds cut net short position to smallest in more than a year

Published 17:10 on November 13, 2024  /  Last updated at 17:34 on November 13, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices dropped 1.8% on Wednesday, clawing back some of a 3.2% decline in a late recovery, as the weekly positions data showed that investment funds cut their bearish bets to the smallest in more than a year, while natural gas prices struggled amid reports that additional supply may soon be finding its way to Europe.
European carbon prices dropped 1.8% on Wednesday, clawing back some of a 3.2% decline in a late recovery, as the weekly positions data showed that investment funds cut their bearish bets to the smallest in more than a year, while natural gas prices struggled amid reports that additional supply may soon be finding its way to Europe.


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