EU Market: Post-election rally short-lived as heavy selling closes another volatile week for EUAs

Published 18:05 on December 13, 2019  /  Last updated at 12:37 on December 16, 2019  /  EMEA, EU ETS  /  No Comments

European carbon soared to a five-week high near €26 early Friday, bolstered by news of a supply cut plus the Conservatives’ big win in the UK general election, which is expected to result in long-awaited clarity on Brexit, but prices recoiled deep into the red amid mounting bearish pressures.

European carbon soared to a five-week high near €26 early Friday, bolstered by news of a supply cut plus the Conservatives’ big win in the UK general election, which is expected to result in long-awaited clarity on Brexit, but prices recoiled deep into the red amid mounting bearish pressures.

A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.

Comment