Euro Markets: Carbon climbs most in three months amid technical trading as traders eye COT

Published 18:00 on February 9, 2026 / Last updated at 20:11 on February 9, 2026 / / EMEA (Compliance Markets & Taxes, Europe)

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European carbon allowance prices advanced for a second day, posting its biggest daily rise in three months as the market appeared to focus on technical drivers, with bulls shrugging off a weak auction to test a couple of technical resistance levels in the afternoon, while traders anticipated further signals from this Wednesday's Commitment of Traders data.
European carbon allowance prices advanced for a second day, posting its biggest daily rise in three months as the market appeared to focus on technical drivers, with bulls shrugging off a weak auction to test a couple of technical resistance levels in the afternoon, while traders anticipated further signals from this Wednesday's Commitment of Traders data.


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