The past week saw comparatively high volumes traded in the local ACCU market, while prices across our major categories continued their slow downtrend which has been evident since mid-September. Internationally, both compliance and voluntary markets stabilised somewhat in comparison to recent weeks as higher priced projects continued to drive trading activity.
This report analyses current activity in the Australian and international voluntary carbon markets, including spot and forward price dynamics, and prices by underlying project methodologies. Analysis considers Australian Carbon Credit Units (ACCUs) and voluntary offsets across key international registries including Verra, Gold Standard, the American Carbon Registry, and the Climate Action Reserve.
Traded volumes up as prices continue to slide
Prices for both Generic (landfill gas, other) and Human Induced Regeneration (HIR) ACCUs traded down over the week, yet traded volumes increased, with over 136,000 units traded on the 12th. HIR made up the majority of this with 101,000 credits exchanged at $33.50/t, and on to $33.35/t shortly afterwards. Generic ACCUs made up the balance, trading down to $29.75/t in 35,000 – trading again at that level in 10,000 two days later on the 14th.
Overall, prices for Generic ACCUs were down 0.25% from $30.00/t
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