Emissions Trading / Carbon Market News (2018-04-03)

Dear Sir or Madam,

The impending escalation of the trade conflict between the USA and China has the potential to place a lasting burden on the world economy. Now that the US government has imposed punitive tariffs on steel imports from China, Beijing has now imposed punitive tariffs of up to 25% on imports of 128 US products. The Chinese government has selected the selection because it will specifically target typical Trump rural voters, especially as it relates to agricultural products.

Nonetheless, during the Holy Week, prices for European CO2 emission allowances continued to rise sharply, even breaking through the € 14 level last Wednesday to close on Thursday with a further 5.3% weekly gain of € 13.26 per EUA,

It remains to be seen whether the nervous macroeconomic environment will be able to force a correction of the bullish price before the end of the compliance submission deadline on 30.04.2018.


(Average Quotes Exchange / OTC)
Instrument 2018-03-23 2018-03-16 Change
EUA (Spotmarket) 12.58 EUR 11.15 EUR +1.43 EUR
EUA (December-2018-Future) 11.61 EUR 11.17 EUR +1.44 EUR
CER (Spotmarket) 0.20 EUR 0.19 EUR +0.01 EUR
ICE Brent Crude Oil (Benchmark Future) 69.71 USD 66.13 USD +3.58 USD
EURO (Currency, Forex) 1.2357 USD 1.2289 USD +0.0068 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