EMEA > Euro Markets: EUAs edge higher in narrow range as link to natural gas market stretches

Euro Markets: EUAs edge higher in narrow range as link to natural gas market stretches

Published 17:13 on December 18, 2024  /  Last updated at 17:24 on December 18, 2024  / /  EMEA, EU ETS, UK ETS

European carbon allowances advanced modestly on Wednesday, loosening their correlation with natural gas prices for a second day as the market accustomed itself to the new front-December contract, while weekly positioning data from the futures exchanges showed speculative traders trimming their bullish bets.
European carbon allowances advanced modestly on Wednesday, loosening their correlation with natural gas prices for a second day as the market accustomed itself to the new front-December contract, while weekly positioning data from the futures exchanges showed speculative traders trimming their bullish bets.


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