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Prices are up as traders return to the market

Close price: Prices are steady, though there is plenty of intraday volatility at times. Russian gas flows into Europe have remained similar. Flows from Norway however will be reduced for the next two weeks due to planned maintenance.  

Opening price: Prices are up, with Carbon EUA’s climbing up 7% to €85.8/t. It appears traders are returning to the market after selling off their position.

A number of French nuclear reactors have been taken offline for lengthy corrosion checks and repairs, which is likely to lead to increased gas demand, just as Europe needs to begin storage injection.