2024/09/23

EU Carbon Watch – What’s next after the option expiry?

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- EU Allowances lost nearly 2.5% last week, and December EUA Futures closed the week at EUR63.39 per tonne. Spot EUAs settled at EUR62.79 per tonne. The recent drop means that EUAs have lost c.15% since mid-August . The drop reflects concerns about the economy and lower energy prices. The beginning of this week will be dominated by the option expiry on Wednesday, which could create additional volatility.

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