EU Market: EUAs stretch 7-year highs as traders grow edgy

Published 21:04 on May 22, 2018  /  Last updated at 21:08 on May 22, 2018  /  EMEA, EU ETS  /  No Comments

European carbon extended the previous session’s seven-year high on Tuesday, crossing the €16 mark for the first time since June 2011 following a strong auction, though some traders are growing increasingly concerned that the large gains will lead to a sudden price collapse.

European carbon extended the previous session’s seven-year high on Tuesday, crossing the €16 mark for the first time since June 2011 following a strong auction, though some traders are growing increasingly concerned that the large gains will lead to a sudden price collapse.

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