Our latest Carbon Weekly report has now been published, reviewing activity in the Australian and international carbon markets for the period October 7 – October 11 2024.
Traded volumes remained robust across the Australian carbon market last week, led by late activity which pushed our HIR ACCU price assessment to a 7-month high, despite continued media scrutiny of the method. Options trading continued to lead activity in the derivatives market, with deals lengthening as participants turn their attention beyond the upcoming March 2025 surrender deadline. Notably, growth in the derivatives market, along with increased spot trading, has now seen total YTD traded volumes reported under our daily Survey Panel surpass 2023 levels, with 2.5 months remaining in the calendar year.
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.
