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Carbon markets - Week 48: EU ETS reaches three-month high, ends week on uncertain note

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

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EAC Market Report - In The Midst Of A Bullish Wave
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