EMEA > Euro Markets: EUAs post 3.5% gain amid short squeeze as market eyes annual auction volume cut

Euro Markets: EUAs post 3.5% gain amid short squeeze as market eyes annual auction volume cut

Published 17:35 on July 28, 2022  /  Last updated at 17:55 on July 28, 2022  / /  EMEA, EU ETS, UK ETS

EUA prices rallied throughout Thursday amid what traders described as a short squeeze in a thin market an anticipation of the annual halving of auction volumes in August, while energy prices edged lower as Russia said a key component of the Nord Stream pipeline could be delivered soon.
EUA prices rallied throughout Thursday amid what traders described as a short squeeze in a thin market an anticipation of the annual halving of auction volumes in August, while energy prices edged lower as Russia said a key component of the Nord Stream pipeline could be delivered soon.


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.

This page is intended to be viewed online and may not be printed.
As per our terms and conditions, the republication or redistribution of Carbon Pulse content can result in the suspension or termination of your subscription.