EMEA > Euro Markets: Midday Update

Euro Markets: Midday Update

Published 12:38 on December 18, 2024  /  Last updated at 12:38 on December 18, 2024  / /  EMEA, EU ETS, UK ETS

European carbon allowances advanced modestly on Wednesday morning, loosening their correlation with natural gas prices for a second day as the market accustomed itself to the new front-December contract, while weekly positioning data from the futures exchanges showed speculative traders trimming their bullish bets.
European carbon allowances advanced modestly on Wednesday morning, loosening their correlation with natural gas prices for a second day as the market accustomed itself to the new front-December contract, while weekly positioning data from the futures exchanges showed speculative traders trimming their bullish bets.


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