EMEA > Euro Markets: EUAs consolidate after hitting 3-month low as market awaits options expiry and COT data

Euro Markets: EUAs consolidate after hitting 3-month low as market awaits options expiry and COT data

Published 17:07 on September 19, 2023  /  Last updated at 17:43 on September 19, 2023  / /  EMEA, EU ETS, UK ETS

European carbon prices reached a three-month low in early trade on Tuesday before finding support at the same level that it had occupied before last week's short squeeze began, with modest trading as participants looked ahead to the expiry of the September options contract as well as the weekly Commitment of Traders report on Wednesday.
European carbon prices reached a three-month low in early trade on Tuesday before finding support at the same level that it had occupied before last week's short squeeze began, with modest trading as participants looked ahead to the expiry of the September options contract as well as the weekly Commitment of Traders report on Wednesday.


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