Carbon Markets

ALERT: Australian CO2 spot price and forward activity continues to surge

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInEmail this to someone

Australian carbon spot prices have continued to surge, reaching a new record high of $26/t on Thursday, a 6% gain on the week. RepuTex’s ACCU spot price assessment has now grown 57% year-to-date, with recent activity driven by larger compliance buyers continuing to accumulate ACCUs to surrender against their multi-year baselines. Increased compliance demand ahead of the Feb-22 deadline to surrender ACCUs under the safeguard mechanism, amid a tight supply setting, continues to create a bullish environment for spot prices and forward contracting.

In particular, forward activity for delivery in Feb-22 (CAL 21) and Feb-23 (CAL 22) has picked up over the past fortnight, with

Restricted Access

This is a subscriber report. Please login to access this content.

Become a Carbon Insider today

Unlock our latest analysis, briefings and price information with our new Carbon Insider service.

Click below to see our plans.

Sign up for regular insights

LATEST UPDATES

  • Carbon Markets

    RECORDING: What is driving Australian carbon offset prices, and where to next?

    Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInEmail this to someone

    The ACCU spot price has grown 87% calendar year-to-date, reaching a new record high of […]

    Research Insights, Webinars | October 14th, 2021
  • Carbon Markets

    MARKET UPDATE: Australian Carbon Offset Market Report: September 27 – October 8, 2021

    Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInEmail this to someone

    Dear Subscriber, Our latest Australian Carbon Offset Market Update has now been published. TThe ACCU […]

    Research Insights | October 12th, 2021
  • Carbon Markets

    REPORT: Analysis of Northern Territory gas basin emissions and carbon costs

    Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInEmail this to someone

    The Beetaloo Sub-basin is located approximately 500 kilometres south of Darwin in the Northern Territory […]

    Research Insights | October 10th, 2021
  • Carbon Markets

    To $30/t and beyond – Plenty of heat left in the Australian carbon offset market

    Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInEmail this to someone

    The spot price for Australian carbon credit units (ACCUs) jumped 10.5% on Friday to $28.75/t, […]

    Research Insights | October 5th, 2021
  • Carbon Markets

    Government readies for net-zero emissions target, but policy gap remains

    Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInEmail this to someone

    Speculation continues to build that the Australian Government may announce a net-zero emissions target by […]

    Research Insights | September 26th, 2021
  • Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInEmail this to someone