Euro Markets: EUAs breach key level to hit 11-week high, while UKA auction clears highest in 2 years

Published 17:30 on September 3, 2025 / Last updated at 17:43 on September 3, 2025 / / EMEA (Compliance Markets & Taxes, Europe)

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EU carbon prices resumed their rally on Wednesday, testing a key psychological level after weekly position data showed speculative traders had built up their largest bullish bet in five months and market sentiment appeared to be shifting to a more cautiously optimistic tone, while the fortnightly UKA auction cleared at the highest price in more than two years.
EU carbon prices resumed their rally on Wednesday, testing a key psychological level after weekly position data showed speculative traders had built up their largest bullish bet in five months and market sentiment appeared to be shifting to a more cautiously optimistic tone, while the fortnightly UKA auction cleared at the highest price in more than two years.


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