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Polish EUA Permit Price Falls

EMISSIONS

The latest bi-weekly Polish Primary Market Auction (Phase 4 - CAP3) cleared at €70.30/ton CO2e, down from the previous auction that cleared at €74.31/t CO2e according to EEX.

  • EU ETS Dec 24 is edging lower today, shrugging off gains in European gas prices, as today’s EU economic data releases suggested manufacturing PMIs in Germany, France and the overall Eurozone remained in contractionary territory in May. However, most Eurozone countries nonetheless saw an improvement in their manufacturing PMIs in May. From the Eurozone-wide release: “While factory output fell, the contraction was the softest in just over a year and only marginal overall”.
    • EUA DEC 24 down 0.9% at 71.66 EUR/MT
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