Our latest Carbon Weekly report has now been published, reviewing activity in the Australian and international carbon markets for the period August 12 – August 16 2024.
Overall traded volumes fell last week as prices for our Generic ACCUs (Benchmark) and Human Induced Regeneration (HIR) ACCUs assessment moved higher, trading at the top end of recent ranges, as each approaches a respective 3-month high. Continual yet sporadic demand for HIR ACCUs saw the method make up the largest source of traded volumes for the third consecutive week, with liquidity costs for Generic ACCUs tightening despite traded volumes falling. Meanwhile, trading returned to the ASX futures exchange, along with the OTC forward traded market, as liquidity remains strongest for shorter dated settlements.
RepuTex’s Carbon Weekly report analyses recent activity in the Australian and international voluntary carbon markets, including our ACCU spot price assessments, method spreads, forward activity, traded volumes, and key market developments. Analysis considers the Australian market along with international registries including Verra, Gold Standard, the American Carbon Registry, and the Climate Action Reserve.
