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EU EUA Spot Auction Carbon Price Rises

EMISSIONS

The latest EU ETS CAP3 EU auction cleared at €67.83/ton CO2e, up from €66.17/ton CO2e in the previous auction according to EEX.

    • EUA DEC 24 up 2.5% at 69.19 EUR/MT
  • The cover ratio was at 1.53, below the five-year average range for this time of the year and unchanged from the previous auction.
  • The median price was at €67.73/ton CO2e and the mean price at €68.36/ton CO2e.
  • A total of 23 bids was submitted with 21 successful bids.
  • The EU ETS Dec 24 has been rallying this morning with support from natural gas prices, while NW European manufacturing displayed fresh signs of weakness.

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