Emissions Trading / Carbon Market News (2018-01-22)

Dear Ladies and Gentlemen,

The probability, that a big coalition between the conservative German parties CDU, CSU and social party SPD will continue after the election of the special party congress, rose up, although only 56% of the delegates voted for negotiations with CDU/CSU as a more likely alternative to new elections. That might be true, because the one or other elector could ask, why he should vote for the SPD, when they are not willing to take governmental responsibility.

However, the result of yesterdays election brought a government participation of the Green party more away, what will not advance the turning away from coal power.

The already bullish European market for carbon emission certificates used the bigger growing probability at the end of last week for a positive vote of the election to move leave the eight-Euro-level behind and moved with a 10% surplus on weekly basis into the nine-Euro-direction.

Last time, as EU-emission allowances has been above nine Euro was in November 2012.


(Average Quotes Exchange / OTC)
Instrument 2018-01-19 2018-01-12 Change
EUA (Spotmarket) 8.73 EUR 7.83 EUR +0.90 EUR
EUA (December-2018-Future) 8.76 EUR 7.86 EUR +0.90 EUR
CER (Spotmarket) 0.17 EUR 0.17 EUR +0.00 EUR
ICE Brent Crude Oil (Benchmark Future) 68.79 USD 69.79 USD -1.00 USD
EURO (Currency, Forex) 1.2221 USD 1.2186 USD +0.0035 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