EU Market: EUAs sink nearly 5% on gas pullback, technical breach

Published 18:15 on January 13, 2021  /  Last updated at 17:27 on January 20, 2021  / /  EMEA, EU ETS

EUAs slid below €34 on Wednesday for the first time in four sessions, continuing the retreat from Tuesday's record high amid a major pullback in gas prices and signs of a technical reversal in carbon, as data showed the influx of participants into the market continued last week.
EUAs slid below €34 on Wednesday for the first time in four sessions, continuing the retreat from Tuesday's record high amid a major pullback in gas prices and signs of a technical reversal in carbon, as data showed the influx of participants into the market continued last week.


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, log in here.