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CARBON (€/T) WED THU VAR D-1 VAR W-1AVG.MAXMIN 19/11 20/11FROM THE BEGINNING OF THIS YEARCO2 EUA DEC 202580.66 81.360.70.0273.7683.9360.94CO2 EUA DEC 202682.82 83.510.69-0.0275.7586.3562.54CO2 EUA DEC 202785.22 85.920.70.0278.0589.0764.54CO2 EUA DEC 202887.93 88.650.720.0880.6291.9466.86UK ETS DEC 25 EUR 64.70 66.061.360.0157.2867.0437.35UK ETS DEC 26 EUR 67.70 69.061.360.0559.9270.0439.48UK ETS DEC 27 EUR 70.76 72.231.470.1662.7273.1442.14European carbon prices continued to increase on Thursday due to colderweather forecasts and bullish technical signals. Hence, the December 2025-expiry contract increased by 0.9% to €81.36 per tonne.CO2 EUAEXCHANGE RATES WEDTHUVAR D-1 VAR W-1AVG.MAXMIN 19/1120/11FROM THE BEGINNING OF THIS YEARRATE EUR/USD1.1583 1.1514-0.0069-0.01051.12561.18371.0198RATE EUR/GBP0.8827 0.8815-0.0012-0.00040.85460.88460.8253RATE GBP/EUR1.1329 1.13440.00150.00051.17051.21171.1305Both the EUR/USD and the EUR/GBP rates decreased on Thursday due tobelow expectations Euro Manufacturing PMI. Hence, the EUR/USD rate settledat 1.1514, registering a 0.6% decrease, while the EUR/GBP rates decreased by0.1% closing at 0.8815