EMEA > Euro Markets: EUAs drop for third day as COT data shows small drop in speculators’ bearish bets

Euro Markets: EUAs drop for third day as COT data shows small drop in speculators’ bearish bets

Published 17:29 on July 10, 2024  /  Last updated at 17:34 on July 10, 2024  / /  EMEA, EU ETS, UK ETS

EU carbon prices fell for a third straight session on Wednesday as the energy complex gave up early gains and after weekly position data showed investment funds had shifted their holdings in favour of greater length during last week's 4.3% price rally, while UK Allowances extended their losses amid renewed speculative selling in the wake of last Thursday's election.
EU carbon prices fell for a third straight session on Wednesday as the energy complex gave up early gains and after weekly position data showed investment funds had shifted their holdings in favour of greater length during last week's 4.3% price rally, while UK Allowances extended their losses amid renewed speculative selling in the wake of last Thursday's election.


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.

This page is intended to be viewed online and may not be printed.
As per our terms and conditions, the republication or redistribution of Carbon Pulse content can result in the suspension or termination of your subscription.