EMEA > Euro Markets: EUAs rally to extend winning streak, matching record after gas spikes on storage news

Euro Markets: EUAs rally to extend winning streak, matching record after gas spikes on storage news

Published 17:13 on January 21, 2025  /  Last updated at 17:40 on January 21, 2025  / /  EMEA, EU ETS, UK ETS

European carbon prices ended a volatile Tuesday slightly higher, matching the record of nine successive daily increases, after early weakness amid technical signals pointing to an overbought market was brushed aside following a jump in natural gas prices on updated German storage regulations, while UK Allowances steadied after bouncing back from Monday's record low.
European carbon prices ended a volatile Tuesday slightly higher, matching the record of nine successive daily increases, after early weakness amid technical signals pointing to an overbought market was brushed aside following a jump in natural gas prices on updated German storage regulations, while UK Allowances steadied after bouncing back from Monday's record low.


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