EU Market: EUAs notch new 1-month high, 3% gain to end wild week

Published 18:13 on April 17, 2020  /  Last updated at 18:27 on April 17, 2020  /  EMEA, EU ETS  /  No Comments

EU carbon prices surged to a new one-month high above €22 on Friday, notching a 2.9% weekly gain as traders attributed the rise and accompanying volatility to more speculative short-covering and increased algo activity.

EU carbon prices surged to a new one-month high above €22 on Friday, notching a 2.9% weekly gain as traders attributed the rise and accompanying volatility to more speculative short-covering and increased algo activity.

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.