Euro Markets: EUAs plunge as much as 3.5% after hitting three-month high amid “panicky” afternoon selling

Published 17:25 on May 16, 2025 / Last updated at 19:06 on May 16, 2025 / / EMEA, EU ETS, UK ETS

European carbon prices swung violently on Friday, climbing to break through a number of technical resistances and reach a key price level that hasn't been tested for three months, before plunging more than 5.5% in the afternoon as buyers backed away and sellers chased the bid, leaving the market down 3.3% at the close but holding on to an 0.9% weekly gain.
European carbon prices swung violently on Friday, climbing to break through a number of technical resistances and reach a key price level that hasn't been tested for three months, before plunging more than 5.5% in the afternoon as buyers backed away and sellers chased the bid, leaving the market down 3.3% at the close but holding on to an 0.9% weekly gain.


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