Euro Markets: EUAs post modest gain after cross-market price spike halts downward momentum

Published 17:28 on October 22, 2024  /  Last updated at 17:52 on October 22, 2024  / /  EMEA, EU ETS, UK ETS

European carbon allowance prices clawed back early losses to end Tuesday modestly firmer, after a momentary spike in natural gas and power on reports of a North Sea outage halted the market's downward momentum and paved the way for a gradual recovery after several days of steady selling pressure.
European carbon allowance prices clawed back early losses to end Tuesday modestly firmer, after a momentary spike in natural gas and power on reports of a North Sea outage halted the market's downward momentum and paved the way for a gradual recovery after several days of steady selling pressure.


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