Emissions Trading / Carbon Market News (2017-10-30)

Dear Ladies and Gentlemen,

The Certified Emission Reductions (CER) marked a new all-time-low at 16 Cent. It seems to be a bad time for project developers in Clean Development Mechanism (CDM) to look for earnings from CERs, which would be higher than the costs of generating these units. If this mechanism could be attractive in the future for investors is written in the stars. Maybe the upcoming climate change conference could set a new impulse.

Despite raising crude oil prices last week, the European Emission Allowances EUA lost 50 Cent against the week before. After the strong price increase of the last months, the time for consolidation was ready. The next days will show, if EUA will stay above the psychological important level of seven Euro per unit. The colder weather in Europe could support the energy complex in that matter.


(Average Quotes Exchange / OTC)
Instrument 2017-10-30 2017-10-20 Change
EUA (Spotmarket) 7.17 EUR 7.57 EUR -0.50 EUR
EUA (December-2017-Future) 7.17 EUR 7.57 EUR -0.50 EUR
CER (Spotmarket) 0.18 EUR 0.19 EUR -0.01 EUR
ICE Brent Crude Oil (Benchmark Future) 60.33 USD 57.82 USD +2.51 USD
EURO (Currency, Forex) 1.1609 USD 1.1785 USD -0.0176 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