Emissions Trading / Carbon Market News (2018-06-11)

Dear Sir or Madam,

It would be surprising if US President Donald Trump did not cause another surprise after his premature departure from the G7 summit. And how could it be otherwise – that came in the form of the Twitter message that he completely revoked his approval of the recent statement of G7 participants.

Donald Trump, but also the new government in Italy and the associated fear that Europe will face another ordeal, are currently putting pressure on markets and putting pressure on emissions certificates too.

These showed on Tuesday last week, a new seven-year high at 16.70 euros, but could not maintain this despite respectable auction results due to the prevailing uncertainty of the markets until the end of the trading week. Compared to the previous week, the EUA closed with a loss of 22 cents at 15.76 Euros.


(Average Quotes Exchange / OTC)      
Instrument 2018-06-01 2018-06-08 Change
EUA (Spotmarket) 15.98 EUR 15.76 EUR -0.22 EUR
EUA (December-2018-Future) 16.00 EUR 15.82 EUR -0.18 EUR
CER (Spotmarket) 0.22 EUR 0.23 EUR +0.01 EUR
ICE Brent Crude Oil (Benchmark Future) 76.05 USD 76.42 USD +0.37 USD
EURO (Currency, Forex) 1.1649 USD 1.1667 USD +0.0118 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