EMEA > Euro Markets: Steady selling forces EUAs down 3.6% on the week as gas falls 1.7% amid tightening correlation

Euro Markets: Steady selling forces EUAs down 3.6% on the week as gas falls 1.7% amid tightening correlation

Published 17:18 on October 18, 2024  /  Last updated at 17:18 on October 18, 2024  / /  EMEA, EU ETS, UK ETS

EU Allowance prices extended their weakness for a fourth session, with the benchmark contract losing 3.6% on the week as it tracked weakening natural gas prices amid easing geopolitical tensions, while bearish positioned traders continued to pressure the carbon market.
EU Allowance prices extended their weakness for a fourth session, with the benchmark contract losing 3.6% on the week as it tracked weakening natural gas prices amid easing geopolitical tensions, while bearish positioned traders continued to pressure the carbon market.


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