Carbon Markets

UPDATE: ACCU prices remain rangebound as forum puts methods and policy uncertainty front and centre

ACCU prices remained rangebound last week as the market awaits more definitive signals on key uncertainties – including the final framework of the Integrated Farm and Land Management (IFLM) method, and the upcoming Safeguard Mechanism review. Just one month out from the 2026-27 policy review, both of these topics came into focus at an industry forum last week – we discuss the notable updates in this Carbon Weekly.

RepuTex’s Carbon Weekly report breaks down activity in the Australian exchange-traded and OTC carbon markets (spot and derivatives), including recent trends, drivers, and our latest spot and forward pricing benchmarks.

ACCU prices hold within familiar ranges despite improved liquidity; market continues to await clarity on key uncertainties

Total traded volumes across the Australian exchange-traded and over the counter (OTC) carbon markets increased to 1.1M last week (+432k WoW), above year-to-date averages (589k) and the weekly average over May 2025 (706k).

Spot volumes led overall activity at 842k on the week (+307k WoW), led by Generic No-Avoided Deforestation ACCUs (80%), followed by HIR ACCUs (17%) and Generic ACCUs (3%).

Weekly activity was front-loaded, with 927k (87% of weekly volumes) transacted over Monday (522k) – Tuesday (407k), slowing during the CMI’s Carbon Market Industry

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