EMEA > Euro Markets: EUAs set new one-year low as selling continues unabated ahead of position data

Euro Markets: EUAs set new one-year low as selling continues unabated ahead of position data

Published 17:22 on November 7, 2023  /  Last updated at 17:38 on November 7, 2023  / /  EMEA, EU ETS, UK ETS

European carbon prices gave up a morning rally on Tuesday and fell to their lowest level in more than a year as renewed selling erased the effects of early technical buying, while traders focused on Wednesday's weekly Commitment of Traders report amid expectations the recent price decline will have encouraged a further build in speculative short positions.
European carbon prices gave up a morning rally on Tuesday and fell to their lowest level in more than a year as renewed selling erased the effects of early technical buying, while traders focused on Wednesday's weekly Commitment of Traders report amid expectations the recent price decline will have encouraged a further build in speculative short positions.


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.