EMEA > Euro Markets: EUAs snap three-day losing streak as carbon-gas price correlation increases

Euro Markets: EUAs snap three-day losing streak as carbon-gas price correlation increases

Published 17:20 on September 28, 2023  /  Last updated at 18:35 on September 28, 2023  / /  EMEA, EU ETS, UK ETS

European carbon prices climbed moderately in choppy Thursday trade, underpinned by a strengthening link to gas prices as well as a second strong auction in a row, as participants continued to speculate over investment funds' likely positioning in the coming days, while energy markets were firmer amid gas supply interruptions in the North Sea.
European carbon prices climbed moderately in choppy Thursday trade, underpinned by a strengthening link to gas prices as well as a second strong auction in a row, as participants continued to speculate over investment funds' likely positioning in the coming days, while energy markets were firmer amid gas supply interruptions in the North Sea.


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