Free Trial

Polish EUA Permit Price Rises to Highest This Year

EMISSIONS

The latest Polish Primary Market Auction (Phase 4 - CAP3) cleared at €74.31/t CO2e, up from €68.99/ton CO2e in the previous auction and the highest level so far this year according to EEX.

  • The auction volume was at 2.31mn tons CO2, with 3.475mn tons of bids submitted and a cover ratio of 1.50.
  • This compares 4.25mn bids submitted in the previous auction with a cover ratio of 1.84.
  • EU ETS Dec 24 is seeing a choppy session today following similar movements in European gas prices.
    • EUA DEC 24 down 0.1% at 76.16 EUR/MT
92 words

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.

The latest Polish Primary Market Auction (Phase 4 - CAP3) cleared at €74.31/t CO2e, up from €68.99/ton CO2e in the previous auction and the highest level so far this year according to EEX.

  • The auction volume was at 2.31mn tons CO2, with 3.475mn tons of bids submitted and a cover ratio of 1.50.
  • This compares 4.25mn bids submitted in the previous auction with a cover ratio of 1.84.
  • EU ETS Dec 24 is seeing a choppy session today following similar movements in European gas prices.
    • EUA DEC 24 down 0.1% at 76.16 EUR/MT