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European carbon prices continue to retreat in tandem with gas
The European carbon market fell along with gas yesterday, maintaining a downtrend that started on Tuesday. EUAs closed at €78.05, marking a 2.79% daily loss, the same decline as in the previous session. This brings prices back to levels last seen a month ago.
Gas market is driving carbon prices down despite bullish bets from investment funds
The European carbon market dropped below €79 for the first time in almost a month on Tuesday morning, tracking massive declines in gas prices. The TTF front month was trading around 6% lower amid a combination of peace talks, warmer weather and rumours about a possible price cap.
European carbon prices continue to retreat in tandem with gas
The European carbon market fell along with gas yesterday, maintaining a downtrend that started on Tuesday. EUAs closed at €78.05, marking a 2.79% daily loss, the same decline as in the previous session. This brings prices back to levels last seen a month ago.
Gas market is driving carbon prices down despite bullish bets from investment funds
The European carbon market dropped below €79 for the first time in almost a month on Tuesday morning, tracking massive declines in gas prices. The TTF front month was trading around 6% lower amid a combination of peace talks, warmer weather and rumours about a possible price cap.