Our latest Carbon Weekly report has now been published, reviewing activity in the Australian and international carbon markets for the period January 13 – 17 2025.
Last week saw traded volumes in the Australian carbon market increase, with key support levels tested as our Generic ACCU (Benchmark) and HIR ACCU assessments traded at 4-month lows. Market uncertainty saw continued volatility in the spot market, while derivatives activity saw options trading resurface against subdued OTC forward and futures markets. As we discuss within this update, key market events over the coming months remain pivotal to the trajectory of ACCU prices over 2025, most notably market expectations for SMC issuances.
In this Carbon Weekly report, we analyse recent activity in the Australian and international voluntary carbon markets, including our ACCU spot price assessments, method spreads, forward activity, and traded volumes.
Volatile spot levels see prices bow to 4-month lows
Last week saw total volumes in the Australian carbon market hold steady at just over 1M units (+2.3% WoW), with both spot (641k) and derivatives volumes (375k) trading above their respective 12-month rolling averages of 466k and 209k.
Spot volumes were heavily concentrated towards Generic No-Avoided Deforestation (No-AD) ACCUs (69%), followed by Generic
Unlock our award-winning research insights
Request access to learn more about our research services, or click here to register for free access to our articles and price information.