Euro Markets: EUAs dragged lower by falling gas after EU member states propose loose storage rules

Published 18:37 on April 2, 2025  /  Last updated at 18:46 on April 2, 2025  / /  EMEA, EU ETS, UK ETS

European carbon fell away on Wednesday afternoon as gas prices dropped on reports that EU member states had proposed more flexible storage mandates and commodity markets calmed in anticipation of the announcement of new US tariffs later in the day, while weekly position data showed a 10% decrease in speculative length but large drops in futures holdings among compliance companies.
European carbon fell away on Wednesday afternoon as gas prices dropped on reports that EU member states had proposed more flexible storage mandates and commodity markets calmed in anticipation of the announcement of new US tariffs later in the day, while weekly position data showed a 10% decrease in speculative length but large drops in futures holdings among compliance companies.


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