Emissions Trading / Carbon Market News (2017-11-27)

Dear Ladies and Gentlemen,

The urgently needed reform of the EU Emissions Trading System (EU-ETS) has cleared a further hurdle. The constant representatives of the EU member states /COREPER) ratified the reform plans of the EU-ETS as expected with towering majority. Solely Poland, Hungary and Croatia did not vote to adopt the reform plans.

Now it is anticipated, that the European Council and the European Parliament will vote also positive shortly, what could happen this week. Until middle of December, the plenary session should pave the way for the realization as well.

At the beginning of the last trading week, the failed coalition talks in Germany strained the emissions trading market firstly, but regained after upcoming news about the British backing of the EU-ETS reform.

While energy market prices are rising, the EU-Emission Allowances rose nearly 4% against the final quotation of the week before and ended last week at 7.77 Euro per EUA.


(Average Quotes Exchange / OTC)
Instrument 2017-11-24 2017-11-17 Change
EUA (Spotmarket) 7.77 EUR 7.40 EUR +0.29 EUR
EUA (December-2017-Future) 7.77 EUR 7.40 EUR +0.29 EUR
CER (Spotmarket) 0.17 EUR 0.17 EUR +0.00 EUR
ICE Brent Crude Oil (Benchmark Future) 63.42 USD 63.61 USD +0.73 USD
EURO (Currency, Forex) 1.1930 USD 1.1664 USD +0.0136 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