EMEA > Euro Markets: EUAs plunge 3.2% to one-month low amid energy weakness

Euro Markets: EUAs plunge 3.2% to one-month low amid energy weakness

Published 17:11 on September 3, 2024  /  Last updated at 10:24 on September 5, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices dropped to their lowest in a month on Tuesday as the weight of selling pressure continued to hang over the market, amplified by US traders returning from the annual Labor Day holiday, while an upward revision to France's expected nuclear generation this year and bearish Chinese economic data added to weakness in the energy complex.
European carbon prices dropped to their lowest in a month on Tuesday as the weight of selling pressure continued to hang over the market, amplified by US traders returning from the annual Labor Day holiday, while an upward revision to France's expected nuclear generation this year and bearish Chinese economic data added to weakness in the energy complex.


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