Emissions Trading / Carbon Market News (18/01/2021)

Dear Sir or Madam,

in Germany this week there are signs of a tightening of the lockdown and in the USA the transfer of power from Donald Trump to the new US President Joe Biden is to take place.

Since the newest uncertainties due to the state of mind of Donald Trump and his partly militant supporters, the financial and commodity markets have initially shifted into reverse gear and numerous investors have taken profits, which naturally leads to easier prices.

It is still uncertain to what extent the German prime ministers of the individual federal states will be able to agree on further tightening of the lockdown on Tuesday, but an extensive home office obligation and the obligation to wear FFP2 masks could come, with further effects on the economy and thus the stock and commodity exchanges events are feared.

In addition, milder temperatures are arriving in Central Europe this week, which in turn reduces CO2 emissions for heat energy generation.

All in all, these are apparently enough facts to allow both the German DAX and the CO2 emission allowances to start the new trading week with losses.

  (Average Quotes Exchange / OTC)   
EUA (Spot-Market)34.80 EUR31.64 EUR-3.16 EUR
EUA (December-2021-Future)34.92 EUR31.74 EUR-3.18 EUR
CER (Spot-Market)0.37 EUR0.36 EUR-0.01 EUR
ICE Brent Crude Oil (Benchmark Future)56.18 USD54.86 USD-1.32 USD
EURO (Currency, Forex)1.2212 USD1.2078 USD-0.0134 USD

(The average exchange quotes and OTC-prices shows the average between bids and ask of several exchanges and OTC markets for carbon emission rights in the ETS. Bid and ask has usually in Spot Market a visible spread. CER CP1 and ERU are eligible in ETS until end of March 2015 and must be swapped into EUA. Crude Oil and Euro Currency shows day-end-exchange quotes. This market information has just an informational character and are no advice or offer to trade carbon emission rights or their futures and options. If you want to unsubscribe, please reply to this mail.)

Please call our international carbon desk if any further questions exist: +49.2831.1348220.

With kind regards,

Advantag Services GmbH