EMEA > Euro Markets: EUAs drop by most in six months as options hedging amplifies gas-driven weakness

Euro Markets: EUAs drop by most in six months as options hedging amplifies gas-driven weakness

Published 17:13 on December 9, 2024  /  Last updated at 17:18 on December 9, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices dropped by their biggest margin in six months as traders positioned themselves ahead of the upcoming expiry of the December options contract, amplifying the effect of weaker gas prices, while UK carbon allowances fell to their lowest in seven months amid low gas-fired generation and continued regulatory uncertainty.
European carbon prices dropped by their biggest margin in six months as traders positioned themselves ahead of the upcoming expiry of the December options contract, amplifying the effect of weaker gas prices, while UK carbon allowances fell to their lowest in seven months amid low gas-fired generation and continued regulatory uncertainty.


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