EMEA > Euro Markets: EUAs lead gas, power to second day of gains as UKAs unmoved by government briefing

Euro Markets: EUAs lead gas, power to second day of gains as UKAs unmoved by government briefing

Published 17:36 on June 3, 2025  /  Last updated at 18:43 on June 3, 2025  / /  EMEA, EU ETS, UK ETS

EU carbon prices advanced for a second session on Tuesday, shrugging off a lack of early support from natural gas and responding to technical and some fundamental signals to close at the day's high, even as traders continued to bemoan the lack of intrinsic drivers in the EU ETS, while UKAs were unmoved after the market regulator offered little news on the process to link the UK and EU markets.
EU carbon prices advanced for a second session on Tuesday, shrugging off a lack of early support from natural gas and responding to technical and some fundamental signals to close at the day's high, even as traders continued to bemoan the lack of intrinsic drivers in the EU ETS, while UKAs were unmoved after the market regulator offered little news on the process to link the UK and EU markets.


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