EMEA > Euro Markets: Bulls drive late spike in EUA prices to erase early losses, defend positions ahead of auction pause

Euro Markets: Bulls drive late spike in EUA prices to erase early losses, defend positions ahead of auction pause

Published 17:15 on January 28, 2025  /  Last updated at 17:23 on January 28, 2025  / /  EMEA, EU ETS, UK ETS

European carbon prices jumped late in the session on Tuesday as bullish traders drove prices higher ahead of the settlement window to defend the recent rally in the face of growing bearish sentiment, while UKAs gained by the most in the market's history after the Financial Times reported that the British government has asked for relinking to the EU ETS to be added to the agenda of an upcoming summit in Brussels.
European carbon prices jumped late in the session on Tuesday as bullish traders drove prices higher ahead of the settlement window to defend the recent rally in the face of growing bearish sentiment, while UKAs gained by the most in the market's history after the Financial Times reported that the British government has asked for relinking to the EU ETS to be added to the agenda of an upcoming summit in Brussels.


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