EMEA > Euro Markets: EUAs drop to lowest in more than five months, find support from compliance and speculators

Euro Markets: EUAs drop to lowest in more than five months, find support from compliance and speculators

Published 17:04 on October 26, 2023  /  Last updated at 17:15 on October 26, 2023  / /  EMEA, EU ETS, UK ETS

European carbon prices broke below two key support levels to reach their lowest in more than five months on Thursday, though trading remained within a fairly narrow range amid some compliance and speculative buying as participants eyed tests of further support levels, while energy markets were little changed.
European carbon prices broke below two key support levels to reach their lowest in more than five months on Thursday, though trading remained within a fairly narrow range amid some compliance and speculative buying as participants eyed tests of further support levels, while energy markets were little changed.


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.