Euro Markets: EUAs post second weekly loss as bearish trend outweighs pre-weekend short covering

Published 17:10 on July 19, 2024  /  Last updated at 22:42 on July 19, 2024  / /  EMEA, EU ETS, UK ETS

European carbon recorded a second weekly decline with prices falling to an 11-week low amid very light volume, as the market shrugged off a late short-covering rally ahead of the weekend, while energy markets also saw a quiet end to the week as the summer holiday season neared its peak.
European carbon recorded a second weekly decline with prices falling to an 11-week low amid very light volume, as the market shrugged off a late short-covering rally ahead of the weekend, while energy markets also saw a quiet end to the week as the summer holiday season neared its peak.


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