UPDATE: Liquidity, prices continue to rise as bullish sentiment drives record traded volumes

The Australian Carbon Credit Unit (ACCU) market saw strong gains in both price and volume across the past week as certainty and a bullish signal from the release of the government’s Safeguard Mechanism position paper stoked significant buy interest across methodologies and timeframes. The brokered market saw record volumes exchanged on the week, with over 1.6 million ACCUs traded on the spot and forward markets – a new record. Volumes have risen consistently, with daily trading activity above 100,000 units, signalling confidence in the proposed compliance policy framework, and speculative positioning, with participants now seeing significant upside as large buyers