EMEA > Compliance Markets & Taxes > Euro Markets: Expiring Dec-24 contract posts 21% drop in 2024, as trading completes shift to new benchmark

Euro Markets: Expiring Dec-24 contract posts 21% drop in 2024, as trading completes shift to new benchmark

Published 17:29 on December 16, 2024 / Last updated at 17:46 on December 16, 2024 / / EMEA (Compliance Markets & Taxes, Europe)

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Dec-2024 European carbon futures ended its run as the benchmark EUA contract 21% down from its level at the start of the year, with a 1.7% daily decline as weakening natural gas prices continued to weigh on carbon, while the front-December UKA ended its run down by 27% from Dec. 31, 2023.
Dec-2024 European carbon futures ended its run as the benchmark EUA contract 21% down from its level at the start of the year, with a 1.7% daily decline as weakening natural gas prices continued to weigh on carbon, while the front-December UKA ended its run down by 27% from Dec. 31, 2023.


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