EUAs to tumble to €11 on coronavirus, could crash to €5 in worst case -analysts

Published 20:19 on April 7, 2020  /  Last updated at 01:17 on April 16, 2020  /  EMEA, EU ETS  /  No Comments

EU carbon prices will resume their downtrend to average €11 this quarter amid an ongoing reduction in power demand and a big fall in the bloc’s 2020 GDP due to the coronavirus, analysts said Tuesday, warning that EUAs could eventually crash to as little as €5 if the crisis persists.

EU carbon prices will resume their downtrend to average €11 this quarter amid an ongoing reduction in power demand and a big fall in the bloc’s 2020 GDP due to the coronavirus, analysts said Tuesday, warning that EUAs could eventually crash to as little as €5 if the crisis persists.

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