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EUA EU Spot Price Slides Further

EMISSIONS

The latest EU ETS CAP3 EU auction cleared at €65.94/ton CO2e, down from €66.06/ton CO2e in the previous auction and the lowest since 30 April according to EEX.

    • EUA DEC 24 down 0.22% at 67.20 EUR/MT
  • The cover ratio declined to 1.41, down from 1.51 in the previous auction.
  • The median price was at €67.30/ton CO2e and the mean price at €65.92/ton CO2e.
  • A total of 23 bids was submitted with 20 successful bids.
  • The auction price was at a sharp discount to the EU ETS Dec24 price at the time of clearing.
  • The EU ETS Dec 24 is struggling to find a clear direction today with gains in European gas prices weighed against seasonally lower demand and high solar PV output in Europe.

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