Euro Markets: EUAs give up midday gains as sellers return, while traders roll positions into Dec-24 contract

Published 17:15 on December 15, 2023  /  Last updated at 20:37 on December 15, 2023  / /  EMEA, EU ETS, UK ETS

European carbon prices came under pressure once again on Friday afternoon as short-positioned traders found little resistance through to the settlement window and many participants continued to roll Dec-23 positions into the next-year's contract, while energy markets weakened for a second consecutive day on mild weather and higher renewable output.
European carbon prices came under pressure once again on Friday afternoon as short-positioned traders found little resistance through to the settlement window and many participants continued to roll Dec-23 positions into the next-year's contract, while energy markets weakened for a second consecutive day on mild weather and higher renewable output.


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