EMEA > Euro Markets: EUAs jump 4% as funds extend net short to highest since March

Euro Markets: EUAs jump 4% as funds extend net short to highest since March

Published 12:54 on October 9, 2024  /  Last updated at 17:07 on October 9, 2024  / /  EMEA, EU ETS, UK ETS

European carbon allowances rebounded on Wednesday as they snapped three consecutive loss-making sessions, eyeing key technical levels to the upside even as TTF gas prices continued to correct lower, while investment funds raised their net short position to the highest level since March.
European carbon allowances rebounded on Wednesday as they snapped three consecutive loss-making sessions, eyeing key technical levels to the upside even as TTF gas prices continued to correct lower, while investment funds raised their net short position to the highest level since March.


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, login here.