ACCU prices stabilised on subdued spot market activity last week, while SMC liquidity continued to build, pricing at their highest point. More broadly the availability and frequency of OTC forward markets has lifted over the month, with renewed interest in forward hedging into the new compliance year and post-election.
Meanwhile, the federal political landscape continues to take shape – as does the timeline for Australia’s updated 2035 emissions target and updated Nationally Determined Contribution.
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.