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EU ETS Auction Clears Lower

EMISSIONS

Monday’s EU ETS CAP3 EU auction cleared at €68.48/t CO2e, down from €69.16/t CO2e in the previous auction according to EEX.

  • The average price in May stood at €69.69/CO2e.
  • EUA DEC 24 down 2.4% at 70.22 EUR/MT
  • The EU ETS Dec 24 contract continues to trade lower on the day amid losses in European coal and gas benchmark prices but rebounded slightly after the auction cleared.
  • Total volume amounted to 3.1mn tons CO2e.
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Monday’s EU ETS CAP3 EU auction cleared at €68.48/t CO2e, down from €69.16/t CO2e in the previous auction according to EEX.

  • The average price in May stood at €69.69/CO2e.
  • EUA DEC 24 down 2.4% at 70.22 EUR/MT
  • The EU ETS Dec 24 contract continues to trade lower on the day amid losses in European coal and gas benchmark prices but rebounded slightly after the auction cleared.
  • Total volume amounted to 3.1mn tons CO2e.