October 10, 2024 09:03 GMT
EMISSIONS: EU Carbon Permit Price Rebounds Sharply
EMISSIONS
The latest EU ETS CAP3 auction cleared higher at €63.30/ton CO2e, compared with €59.85/ton CO2e in the previous auction according to EEX.
- The cover ratio was at 1.69, below the five-year average but within the five-year range.
- There was a total of 24 bids with 24 successful bids.
- The mean price was at €63.38/t CO2e and the median price was at €62.94/ton CO2e.
- EU ETS Dec24 is trading higher, extending yesterday’s gains to rise to the highest since 2 October, indicating buying interest and support from natural gas markets.
- EUA DEC 24 up 2.9% at 63.83 EUR/MT
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