EMEA > Euro Markets: EUAs slide for third day on long squeeze as gas weakens amid speculative selling

Euro Markets: EUAs slide for third day on long squeeze as gas weakens amid speculative selling

Published 17:22 on January 8, 2025  /  Last updated at 17:44 on January 8, 2025  / /  EMEA, EU ETS, UK ETS

EU carbon allowances followed natural gas prices lower on Wednesday, dropping to trade close to technical support levels despite weekly position data showing that investment funds ramped up their buying last week and now hold the largest net long position in 22 months.
EU carbon allowances followed natural gas prices lower on Wednesday, dropping to trade close to technical support levels despite weekly position data showing that investment funds ramped up their buying last week and now hold the largest net long position in 22 months.


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