EMEA > Euro Markets: EUAs drop to 13-month low in “falling knife” market as bearish sentiment persists

Euro Markets: EUAs drop to 13-month low in “falling knife” market as bearish sentiment persists

Published 17:11 on November 29, 2023  /  Last updated at 17:33 on November 29, 2023  / /  EMEA, EU ETS, UK ETS

European carbon prices fell to a new 13-month low on Wednesday after data from futures exchanges showed that investment funds had built a record net short position after trimming it the prior week, while the main energy markets dropped to their lowest levels in 22 months.
European carbon prices fell to a new 13-month low on Wednesday after data from futures exchanges showed that investment funds had built a record net short position after trimming it the prior week, while the main energy markets dropped to their lowest levels in 22 months.


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.