EU Market: EUAs drop 5.3% in nervous trade after weak auction

Published 17:08 on September 25, 2018  /  Last updated at 21:34 on September 25, 2018  /  EMEA, EU ETS  /  No Comments

European carbon slid by more than euro on Tuesday on technical selling, softer energy prices, and as another weak auction failed to inspire confidence that buyers would emerge to push EUAs back to their recent 10-year high.

European carbon slid by more than euro on Tuesday on technical selling, softer energy prices, and as another weak auction failed to inspire confidence that buyers would emerge to push EUAs back to their recent 10-year high.

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