EMEA > Euro Markets: Carbon edges higher but fails to take strength from 2.5% rally in gas, as funds flip to length

Euro Markets: Carbon edges higher but fails to take strength from 2.5% rally in gas, as funds flip to length

Published 17:22 on November 20, 2024  /  Last updated at 17:31 on November 20, 2024  / /  EMEA, EU ETS, UK ETS

EU carbon allowances edged higher on Wednesday, posting a modest gain but failing to take strength from a 2.5% climb in front-month gas prices, while weekly positioning data showed investment funds held their first net long position in 15 months.
EU carbon allowances edged higher on Wednesday, posting a modest gain but failing to take strength from a 2.5% climb in front-month gas prices, while weekly positioning data showed investment funds held their first net long position in 15 months.


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