Emissions Trading / Carbon Market News (2017-07-03)

Dear Ladies and Gentlemen,

The past trading week was marked by a – at least temporary – turnaround on the oil market and an overall positive energy complex. As a result, the carbon market, which was already quite stable, also rose significantly, and on Thursday finally also surpassed the five-euro mark, which the market had left a good week ago. However, the market does not appear to be ready for real heights. With peak values ??between EUR 5.12 and EUR 5.14, the air became clearly too thin for the dealers and the price consolidated at around EUR 5.05.

Last Tuesday, the second so-called trialogue negotiations between the European Parliament, the Council and the Commission took place in preparation for the further legislative process on the arrangement of the fourth trading period from 2021 onwards. There have been reported some important agreements, in particular around the carbon-leakage measure. The fact that the next meeting was already scheduled for next Monday suggests that there is now a lot more momentum in the procedure.


(Average Quotes Exchange / OTC)      
Instrument 2017-06-30 2017-06-23 Change
EUA (Spotmarket) 5.02 EUR 4.86 EUR +0.16 EUR
EUA (December-2017-Future) 5.03 EUR 4.87 EUR +0.16 EUR
CER (Spotmarket) 0.21 EUR 0.21 EUR +0.00 EUR
ICE Brent Crude Oil (Benchmark Future) 48.88 USD 45.64 USD +3.24 USD
EURO (Currency, Forex) 1.1443 USD 1.1194 USD +0.0249 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