EMEA > Euro Markets: EUAs set new low but rally in late trade as “jittery” market tests key levels

Euro Markets: EUAs set new low but rally in late trade as “jittery” market tests key levels

Published 17:15 on February 20, 2024  /  Last updated at 17:32 on February 20, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices ended Tuesday modestly higher after violent swings in the afternoon drove prices to a 31-month low, before short-covering triggered a €3.30 rally in just two hours and left the market testing another important psychological level ahead of a pause in the auction schedule.
European carbon prices ended Tuesday modestly higher after violent swings in the afternoon drove prices to a 31-month low, before short-covering triggered a €3.30 rally in just two hours and left the market testing another important psychological level ahead of a pause in the auction schedule.


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.