EMEA > Euro Markets: EUAs fall further on bearish near-term fundamentals, as funds extend net long position

Euro Markets: EUAs fall further on bearish near-term fundamentals, as funds extend net long position

Published 12:22 on December 4, 2024  /  Last updated at 17:08 on December 4, 2024  / /  EMEA, EU ETS, UK ETS

European carbon continued to slip lower off the back of weakening TTF natural gas prices, amid bearish near-term fundamentals for thermal power generation, as investment funds extended their net long position to the highest total since the end of July 2023.
European carbon continued to slip lower off the back of weakening TTF natural gas prices, amid bearish near-term fundamentals for thermal power generation, as investment funds extended their net long position to the highest total since the end of July 2023.


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