EMEA > Euro Markets: EUAs fall back after weak auction triggers selling, UKAs post 15% gain since recent record low

Euro Markets: EUAs fall back after weak auction triggers selling, UKAs post 15% gain since recent record low

Published 17:22 on February 1, 2024  /  Last updated at 17:44 on February 1, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices slumped below key psychological and technical support levels after the weakest auction interest in 10 months led to the largest discount of the year so far and triggered steady selling pressure, while UK Allowance prices rose for a third day as the British market posted a 15% recovery from Monday's record intraday low.
European carbon prices slumped below key psychological and technical support levels after the weakest auction interest in 10 months led to the largest discount of the year so far and triggered steady selling pressure, while UK Allowance prices rose for a third day as the British market posted a 15% recovery from Monday's record intraday low.


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