This report analyses weekly trading in the Australian and international voluntary carbon markets, including RepuTex’s daily spot price assessment, forward activity, spreads and transactions by method, and the key developments driving traded markets. 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.
Prices fall as sellers trade down, continued action for no–Avoided Deforestation
Following the public holiday across most Australian states on Monday, the week got off to a slow start with no trades reported in the brokered market until Thursday, when pricing abruptly fell as sellers traded down into lower buy levels.
Generics traded down $1.00 to $34.50/t on the week, a fall of 2.8%, while HIR prices fell by only $0.50 to $36.50/t on low volumes, widening the spread between HIR and Generic ACCU pricing to $2.00. This reflects a 4-month high in the Generic-HIR spread, dating back to the 9th of February, when the spread hit $2.75 as HIR price movements lagged behind Generics during a downturn.
Spot volumes were significantly down last week, with 181,000 credits transacting – the majority of which were spot Generics (47% market
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