EMEA > Euro Markets: Carbon extends gains amid renewed close links with natural gas

Euro Markets: Carbon extends gains amid renewed close links with natural gas

Published 17:09 on October 14, 2024  /  Last updated at 17:15 on October 14, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices resumed their upward trend on Monday as participants continued their accumulation after last week's short-squeeze rally was triggered by investment funds amassing the largest net short position since March, while energy markets posted steady gains amid forecasts for lower temperatures.
European carbon prices resumed their upward trend on Monday as participants continued their accumulation after last week's short-squeeze rally was triggered by investment funds amassing the largest net short position since March, while energy markets posted steady gains amid forecasts for lower temperatures.


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