Spot volumes again lifted in the Australian carbon market last week, led by delta hedging for new options positions, causing prices to lift over the week. Of note, the first swap was recorded pricing HIR ACCUs at a discount to our Generic ACCU benchmark. Elsewhere, the derivatives market also saw higher flows as participants continue to position around key events over 2025.
RepuTex’s Carbon Weekly report breaks down activity in the Australian exchange-traded and OTC carbon markets (spot and derivatives) over the past week, including key trends and drivers, our latest pricing and benchmarks, and our daily forward curves.