Emissions Trading / Carbon Market News (2018-04-23)

Dear Sir or Madam,

The past trading week was quite turbulent. European pollution rights prices ranged between € 12.67 and € 14.22 per ton of CO2, with the latter marking a new seven-year high last Monday. Towards the end of the trading week, after a weak auction demand, the price nearly lost the previous week’s plus, but closed above an important support line just above EUR 13 per EUA.

In the past year, global CO2 emissions trading revenues increased by 45% to $ 32 billion. This includes, among other things, income from CO2 taxes as well as proceeds from the auctioning of emission allowances in global CO2 trading.

On Monday of next week, the deadline for the previous year ends in mandatory European emissions trading. Thus, companies subject to commercial duty still have a few days left to cover themselves with certificates, but in some circumstances they should consider a possible transfer time frame when making their purchase decisions, insofar as the certificates do not come from a trading account. Even if the certificates are transferred from a trading account, the transfer time may be 26 hours, as long as the recipient account is not included in the sender’s trust account list.


(Average Quotes Exchange / OTC)
Instrument 2018-04-20 2018-04-13 Change
EUA (Spotmarket) 13.03 EUR 13.90 EUR +0.94 EUR
EUA (December-2018-Future) 13.05 EUR 13.94 EUR +0.95 EUR
CER (Spotmarket) 0.20 EUR 0.20 EUR +0.00 EUR
ICE Brent Crude Oil (Benchmark Future) 73.80 USD 72.44 USD +5.45 USD
EURO (Currency, Forex) 1.2286 USD 1.2328 USD +0.0049 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