Carbon Weekly Newsletter

EUAs are ending the month pretty much at the same place where they started. Market has been ranging around the 25 EUR/EUA level for several months now and volatility keeps getting lower. Volumes traded on the exchange have held up quite well and suggest that a lot of buyers and sellers see value at current prices. The big unknown is still what will happen with UK auctions this year, as this could add short-term pressure to the market.

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