June 06, 2024 09:05 GMT
EU Spot Carbon Price Falls to Mid-May Low
EMISSIONS
The latest EU ETS CAP3 EU auction cleared lower at €71/ton CO2e, down from €71.50/ton CO2e in the previous auction and the lowest price since mid May, according to EEX.
- EUA DEC 24 up 1.2% at 72.7 EUR/MT
- The EU ETS Dec 24 has reversed earlier losses to trade higher on the day amid a rebound in European gas prices. Upside is limited amid bearish sentiment from speculators and sluggish industrial activity sentiment from Europe in this week’s data releases.
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