EMEA > EU Market: EUAs slip after setting new 1-mth high in thin trade, as gas prices plummet

EU Market: EUAs slip after setting new 1-mth high in thin trade, as gas prices plummet

Published 18:00 on May 21, 2020  /  Last updated at 22:34 on May 21, 2020  /  EMEA, EU ETS  /  No Comments

EUAs extended their one-month high above €21 in thin holiday trade on Thursday but lost ground later as near-term gas prices plummeted, as carbon's gains stalled despite bullish technical indicators.

EUAs extended their one-month high above €21 in thin holiday trade on Thursday but lost ground later as near-term gas prices plummeted, as carbon’s gains stalled despite bullish technical indicators.

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