EMEA > Euro Markets: EUAs retreat after setting 15-month high, as analysts highlight retracement potential

Euro Markets: EUAs retreat after setting 15-month high, as analysts highlight retracement potential

Published 17:10 on January 30, 2025  /  Last updated at 17:18 on January 30, 2025  / /  EMEA, EU ETS, UK ETS

European carbon allowance prices reached a new 15-month high on Thursday morning, before giving back the gains as EUAs cut loose from their recent correlation with TTF natural gas and German power in the afternoon amid a pick-up in selling activity, with analysts pointing to growing potential for a price retracement.
European carbon allowance prices reached a new 15-month high on Thursday morning, before giving back the gains as EUAs cut loose from their recent correlation with TTF natural gas and German power in the afternoon amid a pick-up in selling activity, with analysts pointing to growing potential for a price retracement.


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