EMEA > Euro Markets: Weak auction triggers EUA sell-off amid falling gas prices ahead of auction pause

Euro Markets: Weak auction triggers EUA sell-off amid falling gas prices ahead of auction pause

Published 17:23 on May 15, 2023  /  Last updated at 17:23 on May 15, 2023  / /  EMEA, EU ETS, UK ETS

European carbon prices dropped sharply on Monday after a weak auction triggered sustained selling, despite this week's significantly lower auction supply, while EU data showed the market stability reserve (MSR) will take out 272 million EUAs from September 2023 through to August 2024.
European carbon prices dropped sharply on Monday after a weak auction triggered sustained selling, despite this week's significantly lower auction supply, while EU data showed the market stability reserve (MSR) will take out 272 million EUAs from September 2023 through to August 2024.


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