EMEA > Euro Markets: EUAs hit five-week low ahead of benchmark contract expiry as prompt gas tumbles

Euro Markets: EUAs hit five-week low ahead of benchmark contract expiry as prompt gas tumbles

Published 17:15 on December 13, 2024  /  Last updated at 19:54 on December 13, 2024  / /  EMEA, EU ETS, UK ETS

EU carbon allowances fell to a five-week low on Friday, tracking a big drop in natural gas prices as reports emerged of negotiations to keep some Russian exports flowing to Europe next year, while carbon traders began to shift their attention to the Dec-25 EUA futures contract, which takes over as the benchmark early next week.
EU carbon allowances fell to a five-week low on Friday, tracking a big drop in natural gas prices as reports emerged of negotiations to keep some Russian exports flowing to Europe next year, while carbon traders began to shift their attention to the Dec-25 EUA futures contract, which takes over as the benchmark early next week.


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