EMEA > EU Market: EUAs plunge below €19 after UK auction clears at record discount

EU Market: EUAs plunge below €19 after UK auction clears at record discount

Published 12:56 on November 28, 2018  /  Last updated at 18:29 on November 28, 2018  / Ben Garside /  EMEA, EU ETS

EU carbon prices briefly tumbled below €19 on Wednesday after a bumper UK auction cleared at a record discount, but some traders said there may be more to the bearish result than weak demand.
EU carbon prices briefly tumbled below €19 on Wednesday after a bumper UK auction cleared at a record discount, but some traders said there may be more to the bearish result than weak demand.


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