Euro Markets: Afternoon technical selling in gas triggers steep fall in carbon to year-to-date lows

Published 17:17 on February 25, 2025  /  Last updated at 17:34 on February 25, 2025  / /  EMEA, EU ETS, UK ETS

European carbon prices dropped sharply on Tuesday afternoon as weakening sentiment and the breaching of a technical support level triggered a wave of selling in natural gas, encouraging a sizeable sell-off in EUAs ahead of Wednesday's weekly Commitment of Traders data.
European carbon prices dropped sharply on Tuesday afternoon as weakening sentiment and the breaching of a technical support level triggered a wave of selling in natural gas, encouraging a sizeable sell-off in EUAs ahead of Wednesday's weekly Commitment of Traders data.


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