EU Market: EUAs dip as bearish signals coalesce

Published 18:54 on May 30, 2017  /  Last updated at 18:54 on May 30, 2017  /  EMEA, EU ETS  /  No Comments

European carbon prices ended lower on Tuesday on late selling stemming from a failure to top Monday’s 11-week high, while a postponement of negotiations over post-2020 reforms to the EU ETS, a resumption of government allowance sales, and an unsupportive energy complex added to bearish sentiment.

European carbon prices ended lower on Tuesday on late selling stemming from a failure to top Monday’s 11-week high, while a postponement of negotiations over post-2020 reforms to the EU ETS, a resumption of government allowance sales, and an unsupportive energy complex added to bearish sentiment.

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