EMEA > Compliance Markets & Taxes > Euro Markets: EUAs drop below major level amid profit taking as EU makes first hike to auction supply

Euro Markets: EUAs drop below major level amid profit taking as EU makes first hike to auction supply

Published 17:36 on June 1, 2026 / Last updated at 18:10 on June 1, 2026 / / EMEA (Compliance Markets & Taxes, Europe)

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European carbon allowance prices dropped back below an important psychological level on Monday amid a welter of profit taking after the market had risen to a nearly 16-week high on Friday, as daily auction volumes rose and are expected to increase further next month, while fading hopes for a quick ceasefire agreement in the Strait of Hormuz also added to bearish pressure.
European carbon allowance prices dropped back below an important psychological level on Monday amid a welter of profit taking after the market had risen to a nearly 16-week high on Friday, as daily auction volumes rose and are expected to increase further next month, while fading hopes for a quick ceasefire agreement in the Strait of Hormuz also added to bearish pressure.


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