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EMISSIONS: Polish EUA Permit Price Falls

EMISSIONS

The latest bi-weekly Polish Primary Market Auction (Phase 4 - CAP3) cleared lower at €63.55/ton CO2e, compared with €64.75/ton CO2e in the previous auction according to EEX.

  • The cover ratio was at 1.80, up from 1.60 in the previous auction, and above the five-year average.
  • The mean price stood at €63.96/t CO2e and the median price at €63.39/t CO2e.
  • There were a total 23 bids with 17 successful bids.
  • EU ETS Dec24 has been holding onto gains this morning with support from natural gas, while the September options contract expiry is today with the put options strike price at €65/ton CO2e.
    • EUA DEC 24 up 0.4% at 64.12 EUR/MT
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The latest bi-weekly Polish Primary Market Auction (Phase 4 - CAP3) cleared lower at €63.55/ton CO2e, compared with €64.75/ton CO2e in the previous auction according to EEX.

  • The cover ratio was at 1.80, up from 1.60 in the previous auction, and above the five-year average.
  • The mean price stood at €63.96/t CO2e and the median price at €63.39/t CO2e.
  • There were a total 23 bids with 17 successful bids.
  • EU ETS Dec24 has been holding onto gains this morning with support from natural gas, while the September options contract expiry is today with the put options strike price at €65/ton CO2e.
    • EUA DEC 24 up 0.4% at 64.12 EUR/MT