While seasonal voluntary demand continued to show signs of uplift, ACCU prices gave back some ground last week, falling slightly. Ahead of the release of FY24 compliance data this week, SMCs remain a talking point in the market, with our new Company Analyser indicating that large Coal Mining and LNG facilities will make up the bulk of all SMC issuances, with the top three receiving over one-quarter of all SMCs.
In this Carbon Weekly report, we break down activity in the Australian exchange-traded and OTC carbon markets (spot and derivatives) over the past week, including key trends and drivers, our latest pricing and benchmarks, and our daily forward curves.
