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27. January, 2025

UK carbon rises 11% on EUAs, short covering

European Carbon
Henry Lush
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On Friday 17 Jan, UKA prices hit GBP 31.54/t, their lowest level since 29 Jan 2024. Since that low, the benchmark front-Dec contract has rallied 11.3% to hit GBP 35.21/t as of market close on Friday 24 January. With most of the gains taking place on 23 an…

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