The final week of September brought Q3 to a close on relatively muted trading of ACCUs in the broker-traded market, with small volumes trading for both Generic (landfill gas, avoided clearing) and Human Induced Regeneration (HIR) contracts, in contrast to the previous week’s trading. Despite a late pullback, prices for Generic ACCUs traded higher over the month, while HIR prices also grew on higher traded volumes. Internationally, the voluntary market saw largely positive moves over the week, despite a shaky global macro-economic backdrop, with prices up over our major categories.
Low volumes to finish off the quarter, HIR gains traction
Generic ACCUs traded down last week on comparatively low volumes, executing at $30.00/t in 5,000 on the 27th and $30.75/t in 10,000 on the 29th, marking a 0.50 pull back on last traded prices from the previous week. That the lower volumes coincided with prices pulling back reaffirms that the market for Generic ACCUs remains buyer-driven.
Despite the late pullback, prices for Generic ACCUs traded higher over the month, growing $2.25 (8%) from $28.50/t on the 1st of September to $30.75 on the 30th.
After a notable uptick in traded volumes and prices over
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