Emissions Trading / Carbon Market News (2017-10-02)

Dear Ladies and Gentlemen,

The third quarter 2017 European Emission Allowances EUA closed with an increase of more than 40% against the previous quarter. Also from point of view of the first nine months, the pollution rights rose around 8%.

A important reason therefor could be the upcoming negotiations of the European Member states, which will review their position on the EU-ETS reform plans on Friday this week. Than they will discuss the proposal of cancellation of emission rights from the market stability reserve starting in 2023.

The previous proposal did not mention a cancellation, what could lead to the fact, that they could return into the market, if there was a surplus of less than 433 million units. The European Parliament also supports the cancellation of 800 million units after January 1st, 2021.

On October 12, the Trilogue negotiations with European Parliament and European Commission will be continued. The results might have – according to the tendency – influence of the short- and midterm price development.


(Average Quotes Exchange / OTC)
Instrument 2017-09-29 2017-09-22 Change
EUA (Spotmarket) 7.06 EUR 6.64 EUR +0.42 EUR
EUA (December-2017-Future) 7.07 EUR 6.65 EUR +0.42 EUR
CER (Spotmarket) 0.19 EUR 0.20 EUR -0.01 EUR
ICE Brent Crude Oil (Benchmark Future) 56.69 USD 56.79 USD -0.10 USD
EURO (Currency, Forex) 1.1814 USD 1.1947 USD -0.0133 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