Emissions Trading / Carbon Market News (2018-01-18)

Dear Ladies and Gentlemen,

Some speculations at the currency market, that European Central Bank would end their easy monetary policy sooner than expected, moved the Euro to a three-year-high on more than 1.21 US-Dollar. Since the End of 2015, the US-Federal Reserve brought the interest up step-by-step, which brings more pressure to the European monetary watchdogs more and more.

In the United States, Banks are paying around two percent more interest than in Germany for example, and some financial analysts are seeing the time is coming, that ECB will turn their monetary policy into normality.

The quotes for European carbon emission allowances moved more sideward last week and closed with a small plus at 7.83 per ton carbon. Last weeks price range was between 7.60 and 7.83 Euro. At the moment, the eight-Euro-level seems to be a hard barrier since it was broken downside at the first trading day of this year.


(Average Quotes Exchange / OTC)
Instrument 2018-01-12 2018-01-05 Change
EUA (Spotmarket) 7.83 EUR 7.75 EUR +0.08 EUR
EUA (December-2018-Future) 7.86 EUR 7.78 EUR +0.08 EUR
CER (Spotmarket) 0.17 EUR 0.17 EUR +0.00 EUR
ICE Brent Crude Oil (Benchmark Future) 69.79 USD 67.76 USD +2.03 USD
EURO (Currency, Forex) 1.2186 USD 1.2029 USD +0.0157 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 has 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. This 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