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Carbon prices keep on rising tracking similar movements in funds’ long positions
The European carbon market traded bearishly on Tuesday morning, reaching an intra-day low of €77,90 only to change direction in the afternoon to close the day at €80,27, the highest settlement since December 2023.
The European carbon market edged up for eight session in a row
On Monday, after an initial bearish opening to the day, the European carbon market changed direction in the afternoon, tracking similar moves on the gas markets. The EUAs closed the session with a 0.9% daily gain, ending in the green for eight sessions in a row.
Carbon prices keep on rising tracking similar movements in funds’ long positions
The European carbon market traded bearishly on Tuesday morning, reaching an intra-day low of €77,90 only to change direction in the afternoon to close the day at €80,27, the highest settlement since December 2023.
The European carbon market edged up for eight session in a row
On Monday, after an initial bearish opening to the day, the European carbon market changed direction in the afternoon, tracking similar moves on the gas markets. The EUAs closed the session with a 0.9% daily gain, ending in the green for eight sessions in a row.