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European carbon market reaches one-month high as trading intensifies
On a day marked by sharp gains across the European natural gas market, the European carbon market also moved higher. EU carbon allowances traded as high as €84.43 during Monday’s session before easing slightly to close at €83.80, marking their highest closing level in a month and reflecting broader strength across European energy markets.
Slow but steady gains keep carbon prices rising in August
The European carbon market remained notably subdued last week, showing limited reaction to sharp moves across the broader energy complex, even as European gas prices surged to their highest levels since March.
European carbon market reaches one-month high as trading intensifies
On a day marked by sharp gains across the European natural gas market, the European carbon market also moved higher. EU carbon allowances traded as high as €84.43 during Monday’s session before easing slightly to close at €83.80, marking their highest closing level in a month and reflecting broader strength across European energy markets.
Slow but steady gains keep carbon prices rising in August
The European carbon market remained notably subdued last week, showing limited reaction to sharp moves across the broader energy complex, even as European gas prices surged to their highest levels since March.