September 12, 2024 09:05 GMT
EMISSIONS: EUA Spot Permit Price Falls
EMISSIONS
The latest EU ETS CAP3 EU auction cleared lower at €65.10/ton CO2e, down from €65.83/ton CO2e in the previous auction according to EEX.
- The cover ratio was at 1.53, below the five-year minimum.
- There was a total of 22 bids with 16 successful bids.
- The mean price was €67.71/t CO2e, with the median value at €64.86/t CO2e.
- EU ETS Dec24 is trending lower day, with losses in natural gas market and renewed bearish sentiment in EUA funds positioning.
- EUA DEC 24 down 1.3% at 65.54 EUR/MT
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