EU carbon market update – 20 May 2019

Despite just four auctions last week, EU allowances (EUAs) ended the week down 62c (-2.4%) at €24.98. The EUA price bounced around between €25 and €26 for most of the week, with moves below €25 finding support in the form of pent-up compliance buying and moves above €26 exhausting industrial and utility buying and finding speculative sellers.

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