On Friday, the European carbon market failed to fully rebound from early losses, despite a sharp morning rally of nearly 10%. By the end of the session, the EUA Dec’26 contract settled at €67.66, posting a 6.30% daily gain—the strongest increase since early May 2024.
In early trading on Friday, the European carbon market posted a sharp increase, with the Dec ’26 EUA contract briefly gaining more than €6 and recouping all losses from the week, when all previous sessions had closed lower.
The latest Commitment of Traders (CoT) report from the ICE platform, published on Wednesday morning, shows that investment funds have reduced their net long holdings (long positions minus short positions) for eight consecutive weeks.
In Tuesday’s session, EUA Dec’26 briefly dropped below €65—a level not seen since April last year—before closing at €66.65, down 3.41% day-on-day, as markets continued to absorb political signals ahead of the 19–20 March European Council meeting.
European carbon prices climbed in early trading yesterday, with the EUA Dec’25 contract hitting an intraday peak of €70.35 in the afternoon. The rally later faded, however, after a letter from Ursula von der Leyen ahead of Thursday’s gathering of EU leaders in Brussels weighed on sentiment, leaving prices to settle at exactly €69, more […]
The war in Iran has delivered another shock to the EU’s energy system, highlighting the region’s vulnerability during geopolitical crises, even though member states do not purchase significant amounts of gas and oil from Middle Eastern countries.
The European carbon market fell on Thursday afternoon after Bloomberg reported that the European Commission is considering relaxing regulations. The Dec-26 EUA contract briefly dropped to €67.82, its lowest intraday level since late April, before closing at €68.73, marking a sharp daily loss of 4.36%.
The latest Commitment of Traders (CoT) report from the ICE platform, released on Wednesday, indicates that investment funds trimmed their net long positions (the difference between long and short positions) for the seventh consecutive week.
Amid mounting political pressure to ease the burden of emissions allowances and even temporarily suspend the EU ETS pending a review, European Commission Executive Vice-President Teresa Ribera on Tuesday defended the bloc’s carbon market.
Italian Industry Minister Adolfo Urso has once again called for a temporary and immediate suspension of the EU ETS, citing the surge in energy prices amid the escalating Middle East conflict. “The suspension of the ETS should be considered precisely as an emergency response to the conflict, pending its revision,” Urso told a local newspaper […]