EU Market: EUAs stick near €20 as speculators build short positions

Published 19:26 on April 29, 2020  /  Last updated at 12:01 on May 6, 2020  /  EMEA, EU ETS  /  No Comments

EUAs ended lower for a fourth straight day on Wednesday after again flirting with sub-€20 levels despite the market comfortably absorbing a bumper auction, as data showed speculators were further building their net short positions.

EUAs ended lower for a fourth straight day on Wednesday after again flirting with sub-€20 levels despite the market comfortably absorbing a bumper auction, as data showed speculators were further building their net short positions.

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