Emissions Trading / Carbon Market News (2017-09-18)

Dear Ladies and Gentlemen,

Quite accurate 30 years ago, the Montreal agreement for protection of the ozonosphere was signed.  Today, the ozone hole is no big talking point anymore. Scientists agree, that no later than at the middle of this century, the ozone hole will be at the same level as 1960. On one hand it was an important step for the global waiving of ozone-harmful chlorofluorocarbon (CFC), on the other hand a soon aid for the climate protection, because CFC is also extremely climate-harmful.

This success shows, that it´s possible for the international community, to fight negative human made environmental influences. This should have an inspiring example for the current global protection activities.

The prices of European emission allowances got raising strongly last week and reached a 20-month-high on last Tuesday at more than 7.70 Euro for short time per EUA. That was followed by profit taking, which finally leads to a small loss on weekly basis. Especially stronger energy prices for oil and power together with the ongoing talks to reform the EU Emissions Trading System ETS was the price-building factors.

Even the new trading week has started a little more mildly, because the air for the energy complex is getting thinner after the increase of the last weeks. That´s why one should keep an eye on the development of oil, gas and power prices.


(Average Quotes Exchange / OTC)      
Instrument 2017-09-15 2017-09-08 Change
EUA (Spotmarket) 6.94 EUR 7.06 EUR -0.12 EUR
EUA (December-2017-Future) 6.95 EUR 7.07 EUR -0.12 EUR
CER (Spotmarket) 0.20 EUR 0.20 EUR +0.00 EUR
ICE Brent Crude Oil (Benchmark Future) 55.57 USD 53.71 USD +1.86 USD
EURO (Currency, Forex) 1.1941 USD 1.2035 USD -0.0094 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