Euro Markets: EUAs cut loose from weaker gas, jump strongly after stern test of technical support

Published 17:19 on July 24, 2025 / Last updated at 17:20 on July 24, 2025 / / EMEA (Compliance Markets & Taxes, Europe)

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European carbon prices rose the most in more than three weeks on Thursday after a strong afternoon session, shrugging off an early decline driven by falling gas amid analyst reports showing the EU was set to meet its storage mandates, and rejecting a move below a key technical support level.
European carbon prices rose the most in more than three weeks on Thursday after a strong afternoon session, shrugging off an early decline driven by falling gas amid analyst reports showing the EU was set to meet its storage mandates, and rejecting a move below a key technical support level.


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