Arjun Patel « Carbon Pulse

Articles by: Arjun Patel

EU Market: EUAs lose further ground below €26 as autumn auction hike stokes concern

Published 19:42 on August 13, 2020 / Last updated at 19:42 on August 13, 2020 / Arjun Patel / EMEA, EU ETS

EUAs lost 2% on Thursday amid technical weakness and fading oil and equities, as concerns mounted about carbon’s lack of resilience ahead of full-sized sales resuming in earnest over the autumn.

EU Market: EUAs slip below €26 after struggling with bumper auction

Published 18:51 on August 12, 2020 / Last updated at 18:51 on August 12, 2020 / Arjun Patel / EMEA, EU ETS

EUAs dropped below €26 on Wednesday as the quiet holiday market struggled absorb the week’s biggest auction.

Czech utility CEZ lags on hedging, though output drop is less than others

Published 18:55 on August 11, 2020 / Last updated at 11:39 on August 12, 2020 / Arjun Patel / EMEA, EU ETS

Czech utility CEZ is less heavily hedged than in recent years but its thermal power generation is holding up better than many of its peers amid COVID-19 restrictions, the company revealed in first-half results on Tuesday.

EU Market: EUAs retreat again after early move above €27

Published 18:43 on August 11, 2020 / Last updated at 21:40 on August 11, 2020 / Arjun Patel / EMEA, EU ETS

EUAs failed to sustain an early move higher, falling back after bulls were unable to hold prices above €27 for the third time in four sessions.

EU Market: EUAs fail to hold early break above €27

Published 18:10 on August 10, 2020 / Last updated at 12:48 on September 2, 2020 / Arjun Patel / EMEA, EU ETS

EUA prices jumped more than 3% to top €27 on Monday, but slipped back after the day’s auction despite a firm clearance and positive macroeconomic signals.

EU Market: EUAs hit two-week high above €27 amid industry pick-up, before reversing course

Published 16:36 on August 6, 2020 / Last updated at 18:14 on August 6, 2020 / Arjun Patel / EMEA, EU ETS

EUAs hit a two-week high above €27 on Thursday as improved industry data and bullish technical signals encouraged buying, before retracing those gains following a bearish auction and signs that recent market strength may be over-extended.

EU Market: EUAs again draw near to €27 after stronger auction

Published 18:36 on August 5, 2020 / Last updated at 12:54 on August 12, 2020 / Arjun Patel / EMEA, EU ETS

EUAs reached their highest levels in nearly two weeks on Wednesday, eyeing the €27 mark for a second day after a strong UK auction and as energy markets lifted.

EU Market: EUAs jump nearly 3% towards €27 in thinner trade

Published 19:46 on August 4, 2020 / Last updated at 11:44 on August 5, 2020 / Arjun Patel / EMEA, EU ETS

EUAs lifted in light trade on Tuesday following another weak half-volume auction, with prices dragged higher in the afternoon by an energy complex that rose amid a massive explosion in Beirut.

EU Market: EUAs withstand dip below €26 as first reduced auction underwhelms

Published 19:10 on August 3, 2020 / Last updated at 21:31 on August 3, 2020 / Arjun Patel / EMEA, EU ETS

EUAs dropped below €26 on Monday, tumbling after the first auction in a month-long run of half-volume sales cleared at a hefty discount but later recovering amid positive macroeconomic signals.

EU Market: EUAs climb ahead of auction cuts, heatwave

Published 19:35 on July 31, 2020 / Last updated at 20:36 on July 31, 2020 / Arjun Patel / EMEA, EU ETS

EU carbon prices rose on Friday ahead of a month-long reduction in auction supply and as a heatwave started to grip much of Western Europe.