The Australian carbon market recorded a near year-to-date low in traded volumes last week, with prices largely trading sideways into a seasonally softer EOFY period. Small Environmental Plantings trades emerged as a notable point of interest, with the brokered market typically attracting the most competitive pricing (or lower end of intra-method pricing) relative to direct contract pricing. While June has historically proven to be a period of seasonally soft demand across the Australian carbon market, data indicates an uplift in voluntary demand could see renewed interest in premium nature-based ACCUs into EOFY.
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.
Activity continues to slow as market trades sideways, well supported by intermediaries
Total traded volumes across the Australian exchange-traded and over the counter (OTC) carbon markets fell to 242k last week (-87k WoW) – aligning to year-to-date lows seen in mid April – to sit below the year-to-date weekly average (550k).
Spot volumes (102k, -227k WoW) accounted for a smaller portion of weekly activity at 42%, down from 100% the week prior. Spot activity was balanced across HIR
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