EU Market: EUAs shrug off failed auction to post 10% weekly gain

Published 18:43 on November 3, 2017  /  Last updated at 20:43 on November 3, 2017  /  EMEA, EU ETS  /  No Comments

EU carbon prices shrugged off a rare failed auction and weaker power prices on Friday to rise for the fourth day in a row, locking in a 9.9% weekly rise as traders positioned ahead of next week’s ETS reform talks.

EU carbon prices shrugged off a rare failed auction and weaker power prices on Friday to rise for the fourth day in a row, locking in a 9.9% weekly rise as traders positioned ahead of next week’s ETS reform talks.

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