EU Market: Carbon climbs back above €21 in shaky, thin trade as speculators track US stocks

Published 18:25 on April 8, 2020  /  Last updated at 20:31 on April 8, 2020  /  EMEA, EU ETS  /  No Comments

EUAs rose back above €21 on Wednesday after absorbing bumper supply from two auctions, withstanding pressure to give back recent gains as the carbon market appeared to once again track US equities for much of the day.

EUAs rose back above €21 on Wednesday after absorbing bumper supply from two auctions, withstanding pressure to give back recent gains as the carbon market appeared to once again track US equities for much of the day.

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