EMEA > Euro Markets: EUAs reverse morning gains as sellers persist, correlation with gas stretches

Euro Markets: EUAs reverse morning gains as sellers persist, correlation with gas stretches

Published 17:16 on October 21, 2024  /  Last updated at 17:20 on October 21, 2024  / /  EMEA, EU ETS, UK ETS

European carbon allowances handed back early gains and ended Monday modestly weaker, after EUA prices had started the day  on a bullish note, testing their recent correlation to natural gas until a resumption of selling pressure drove the market down.
European carbon allowances handed back early gains and ended Monday modestly weaker, after EUA prices had started the day  on a bullish note, testing their recent correlation to natural gas until a resumption of selling pressure drove the market down.


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