The recent spot ACCU rally continued early last week with prices printing new 7-month highs before easing as selling saw resistance emerge, while derivatives activity remained elevated – driven by put options. Looking ahead, advice on Australia’s 2035 emissions target is imminent, with the federal government being heavily lobbied by industry and climate-organisations.
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.