Carbon Markets - Week 48
Highlights
- After a bullish week, EUAs teeter on the edge of a reversal
- Court ruling plays role in keeping RGGI V22 future Dec. 22 price low
- The low auction clearing price in Auction 33 has established a tone of low prices for CCA V22 future Dec. 22 contract
- Korean market observed three consecutive monthly decline in KAU22 spot contract in November
- Recent development in the net zero guidelines hold off corporates’ purchase of the voluntary carbon credits
Prices EU ETS EUAs continue bull run, end week on an uncertain note The EUA Dec-22 contract was largely driven by technical signals as well as the looming option expiry while fundamental drivers played a minor role. Following last Thursday’s (24 Nov) ...
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