Emissions Trading / Carbon Market News (2017-06-19)

Dear Ladies and Gentlemen,

The decline in oil prices continued unabated in the past week. And again, news coming from the United States weighed on the price. This is due not only to the already known factors, namely the high inventories and the increasing production of fracking oil on. As is known recently, over the past 22 weeks, the number of boreholes for classical crude oil has also steadily increased and has currently reached the highest level since more than two years. Because effective countermeasures are not realistic, it just seems to be a matter of time when the 45-dollar mark will be again broken.

The CO2 market also recorded more easily in the wake of the oil price in the last week, but did not break through the previously stable support at EUR 4.87. The very low auctioning volume last week did not seem to have any effect on the market, especially as this week with an additional auction of Polish certificates on Wednesday the calendar is again well filled. In terms of the chart, a showdown between bulls and bears is currently at hand, as the downward trend of the past few weeks is slowly approaching the support line.


(Average Quotes Exchange / OTC)      
Instrument 2017-06-16 2017-06-09 Change
EUA (Spotmarket) 4.89 EUR 5.04 EUR -0.15 EUR
EUA (December-2017-Future) 4.90 EUR 5.04 EUR -0.14 EUR
CER (Spotmarket) 0.21 EUR 0.22 EUR -0.01 EUR
ICE Brent Crude Oil (Benchmark Future) 47.33 USD 48.17 USD -0.84 USD
EURO (Currency, Forex) 1.1198 USD 1.1196 USD +0.0002 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 have 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. These 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 or +44.20.79790283.



With kind regards,


Advantag Services GmbH