Our latest Carbon Weekly report has now been published, reviewing activity in the Australian and international carbon markets for the period July 29 – August 2 2024.
Last week saw a slow start for the commencement of the ASX futures exchange, but consistent activity over the week, with most interest in the near dated Q1 25 contract, mirroring the over-the-counter (OTC) market. More broadly, last week saw a significant uptick in spot demand for Human Induced Regeneration (HIR) ACCUs, supported by much tighter bid-ask activity after an extended period of liquidity stagnation. In this update, we explore recent market liquidity trends, and take a closer look at action in the first week of the ASX ACCU futures market.
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.