News

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

Dear Ladies and Gentlemen,

The year 2017 is one of the three hottest, ever recorded years on global sight. The Copernicus Climate Change Services (C3S) of the European Centre of mid-term weather-forecast (EZMW) declared the pas year to the second warmest since the beginning of the records. The global temperature is now already 1.2°C above the pre-industrial level.

At the US-American east coast, the winter is currently so hard, as one could see it many years ago, the snowfall goes as far as Florida. Climate change denier, like US-President Donald Trump, see this as an evidence, that there is no climate change. But the total opposite is the case. Because of double speed of warming in the arctic region as in the warm and temperate zones, the temperature difference between Arctic and Equator is getting lower. That leads inevitably to a reduction of the speed of the Jetstream, what makes the barrier more pervious for the very cold arctic air masses to the North of Europe, Asia or North America.

That climate change is also visible on financial sight, is shown by the newest numbers of the insurance business: natural disasters as hurricanes and floodings caused 2017 a global record amount of 135 billion US-Dollar for the insurance companies.

In the first trading week of the new year, the European carbon emission allowances became weaker and closed 25 Cent below the eight-Euro-level.

 

(Average Quotes Exchange / OTC)
Instrument	2018-01-05	2017-12-29	Change
EUA (Spotmarket)	7.75 EUR	8.14 EUR	-0.39 EUR
EUA (December-2018-Future)	7.78 EUR	8.16 EUR	-0.38 EUR
CER (Spotmarket)	0.17 EUR	0.17 EUR	+0.00 EUR
ICE Brent Crude Oil (Benchmark Future)	67.76 USD	66.62 USD	+1.14 USD
EURO (Currency, Forex)	1.2029 USD	1.1997 USD	+0.0032 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

Dear Ladies and Gentlemen,

The expansion of renewable energy is an important part on the way of reduction of greenhouse-gas emissions in Germany. A report of German dpa shows, that in the past year solely the grid operator Tennet has made emergency operations with costs of one billion Euros to ensure the stability of German electricity grid. Main reason are under-resourced interconnect capacitances, combined with the ups and downs of renewable energy availability. Especially missing power lines for wind energy to the south of Germany causing problems in windy times. In the weaker wind year 2016, the costs of emergency operations only amount 660 million Euro.

The prices of carbon emission allowances rose up in the last week of the year visibly and closed clear above the eight-Euro-level. The new year started expectably a little lighter.

We don’t want to miss to wish all readers of the carbon market news a healthy and successful new year 2018!

 

(Average Quotes Exchange / OTC)
Instrument	2017-12-29	2017-11-15	Change
EUA (Spotmarket)	8.14 EUR	7.18 EUR	+0.96 EUR
EUA (December-2018-Future)	8.16 EUR	7.21 EUR	+0.95 EUR
CER (Spotmarket)	0.17 EUR	0.17 EUR	+0.00 EUR
ICE Brent Crude Oil (Benchmark Future)	66.62 USD	63.24 USD	+3.38 USD
EURO (Currency, Forex)	1.1997 USD	1.1753 USD	+0.0244 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 have 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. These 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

 

 

 

 

 

 

 

———————————-

Advantag Services GmbH

Glockengasse 5

47608 Geldern

———————————-

Tel.: +49(0)2831.13482-20

Fax:  +49(0)2831.13482-21

Mail: info@advantag.de

Web:  www.advantag.de

———————————-

Comp. Register    12470

Tax Number        113/5701/2175

USt.-ID/VAT       DE292139472

———————————-

Managing Director:

Raik Oliver Heinzelmann

————————————————————————————–

This e-mail and any attachments are confidential and may also be privileged. If you are not the named recipient, please notify the sender immediately and do not disclose the contents to another person, use it for any purpose, or store or copy the information in any medium. This Email contains no advice for buying or selling carbon credits or their derivatives. In the event of any technical difficulty with this Email, please contact the sender.

————————————————————————————–

P  Please consider environment before printing this email and safe on every page 200 ml drinkable water, two gram CO² and two gram wood.

 

Dear Ladies and Gentlemen,

Sometimes it´s paradoxical, which small matter themes come up to the daily news reports and which themes become ignored. The US weather authority NOAA showed in their 2017 report, that the current arctic warming is without example in the past 1,500 years. The warming of the arctic has the double speed than the rest of our planet, what was not the case since 2,000 years. The average surface temperature in 2017 was the second warmest since the year 1900. Finally, it leads to the fact, that the arctic ice becomes thinner and the thicker ice is comprising only 21% of the ice cover compared to45% in 1985.

The legendary Club of Rome confirmed also in his 2017 report with the title “Come on!”, that the human hunger for commodities and energy will lead to a collapse of the systems, if we don’t act now.

In the past week, the quotes of European carbon emission allowances became a little under pressure, what brought them below the level of seven Euros on the last two days of the week. But the final quotation last Friday showed much more relaxed at 7.18 Euro and confirmed the seven Euro support level on weekly basis.

 

(Average Quotes Exchange / OTC)
Instrument	2017-12-15	2017-11-08	Change
EUA (Spotmarket)	7.18 EUR	7.14 EUR	+0.04 EUR
EUA (December-2017-Future)	7.18 EUR	7.14 EUR	+0.04 EUR
CER (Spotmarket)	0.17 EUR	0.17 EUR	+0.00 EUR
ICE Brent Crude Oil (Benchmark Future)	63.24 USD	63.30 USD	-0.06 USD
EURO (Currency, Forex)	1.1753 USD	1.1773 USD	-0.0020 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 have 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. These 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