EMEA > Euro Markets: EUAs touch seven-day low as gas weakens, UKAs slide as reform hopes dim

Euro Markets: EUAs touch seven-day low as gas weakens, UKAs slide as reform hopes dim

Published 17:15 on November 27, 2024  /  Last updated at 17:30 on November 27, 2024  / /  EMEA, EU ETS, UK ETS

EU carbon prices dropped to their lowest in seven days on Wednesday along with a decline in natural gas, as weekly position data showed investment funds building length for a third week in a row, while UKAs also dropped to their lowest in seven weeks amid heavy trading with some participants losing patience over long-awaited market reforms.
EU carbon prices dropped to their lowest in seven days on Wednesday along with a decline in natural gas, as weekly position data showed investment funds building length for a third week in a row, while UKAs also dropped to their lowest in seven weeks amid heavy trading with some participants losing patience over long-awaited market reforms.


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