EU Market: Late sale dump sends EUAs to 2-week low, as 6% weekly loss unwinds rally

Published 19:18 on July 21, 2017  /  Last updated at 20:44 on July 21, 2017  /  EMEA, EU ETS  /  No Comments

European carbon prices dropped by 4% on Friday to a two-week low, with the bulk of the heavy and likely speculator-driven losses coming late in the day and confirming forecasts by some that the recent rally was not sustainable.

European carbon prices dropped by 4% on Friday to a two-week low, with the bulk of the heavy and likely speculator-driven losses coming late in the day and confirming forecasts by some that the recent rally was not sustainable.

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