Free Trial

EU Spot Carbon Permit Price Rises

EMISSIONS

The latest EU ETS CAP3 EU auction cleared at €68.65/ton CO2e, up from €67.02/ton CO2e in the previous auction, according to EEX.

    • EUA DEC 24 up 1.3% at 69.65 EUR/MT
  • The cover ratio was at 1.62, below the five-year minimum.
  • There was a total of 26 bids with 21 successful bidders.
  • The mean price was at €69/MWh and the median price at €68.45/MWh.
  • EU ETS Dec24 is trading higher today with gains in natural gas, weather forecasts suggesting temperatures above the 30-year normal for the next ten days and German June factory orders surprising to the upside rising for the first time this year.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.