EMEA > Euro Markets: EUAs drop to seven-day low as sell-off extends amid bouts of dip-buying

Euro Markets: EUAs drop to seven-day low as sell-off extends amid bouts of dip-buying

Published 17:23 on May 13, 2024  /  Last updated at 17:29 on May 13, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices fell to their lowest in seven sessions on Monday, extending the profit-taking sell-off that began on Friday and dropping below a key level amid a pick-up in trading volume, while energy prices also retreated as renewable generation was forecast to rise strongly this week.
European carbon prices fell to their lowest in seven sessions on Monday, extending the profit-taking sell-off that began on Friday and dropping below a key level amid a pick-up in trading volume, while energy prices also retreated as renewable generation was forecast to rise strongly this week.


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