Free Trial

POWER: Polish EUA CAP 3 Auction Clears Slightly Lower

POWER

The latest bi-weekly Polish Primary Market Auction (Phase 4 - CAP3) cleared slightly lower at €70.39/ton CO2e from €70.59/ton CO2e in the previous auction held on 14 August, according to EEX.

  • EUA DEC 24 up 0.01% at 71.50 EUR/MT
  • The cover ratio was at 1.76 up from 1.59 in the previous auction.
  • The mean price stood at €70.89/t CO2e compared to €71.23/ton CO2e the auction prior and the median price at €70.07/t CO2e from €70.50/ton CO2e.
  • There were a total 20 bids
  • EU ETS Dec 24 is little unchanged on the day despite price increases in natural gas prices. 

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.