EU Market: EUAs hit 2-wk high amid power gains as CERs dip to new low

Published 19:16 on November 2, 2017  /  Last updated at 19:16 on November 2, 2017  /  EMEA, EU ETS  /  No Comments

EU carbon gained for a third successive session on Thursday to hit a two-week high as buyers emerged and traders unwound short positions after rising power prices helped carbon cross a key technical level, while CERs dipped to a fresh low.

EU carbon gained for a third successive session on Thursday to hit a two-week high as buyers emerged and traders unwound short positions after rising power prices helped carbon cross a key technical level, while CERs dipped to a fresh low.

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