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EUA Spot Carbon Price Edges Higher

EMISSIONS

The latest EU ETS CAP3 EU auction cleared at €66.97/ton CO2e, compared with €66.66/ton CO2e in the previous auction held on 17 June according to EEX.

    • EUA DEC 24 up 0.8% at 68.52 EUR/MT
  • The cover ratio was at 1.51, unchanged on the day.
  • The auction had a total of 21 bids with 18 successful bidders.
  • The median price was at €66.86/ton CO2e and the mean price at €69.22/ton CO2e.
  • The EU ETS Dec 24 has reversed earlier losses to trade higher on the day, closely tracking moves in European natural gas prices. The EU ETS June 24 contract is expiring on Wednesday.

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