EU ETS prices under pressure but colder weather could boost demand
January 6, 2024 Comments Off
European carbon prices fell in the week ending Jan. 5 due to soft demand but with colder weather forecast for the coming days, analysts and traders are expecting a slight recovery. Platts, part of S&P Global Commodity Insights, assessed EUA contracts for December delivery at Eur75.82/mtCO2e on Jan. 4, falling back from a one-month high of Eur80.37/mtCO2e on Dec. 29….
EU ETS prices under pressure but colder weather could boost demand
European carbon prices fell in the week ending Jan. 5 due to soft demand but with colder weather forecast for the coming days, analysts and traders are expecting a slight recovery. Platts, part of S&P Global Commodity Insights, assessed EUA contracts for December delivery at Eur75.82/mtCO2e on Jan. 4, falling back from a one-month high of Eur80.37/mtCO2e on Dec. 29….
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