Back to news and insights
Carbon Markets

UPDATE: Weekly volumes hit second highest on record, leading ACCU prices to 32-month highs

Our latest Carbon Weekly report has now been published, reviewing activity in the Australian and international carbon markets for the period 4 – 8 November 2024.

Last week saw the Australian carbon market record its second-highest weekly traded volumes on record, with robust spot market activity driven by elevated Generic No-Avoided Deforestation (No-AD) ACCU volumes. As a result, Generic ACCU prices surged past $40/t for the first time in over two years, registering strong weekly gains despite meeting some late-week resistance. Derivatives trading also remained elevated, with increased interest in hedging strategies amid heightened price volatility. Activity was also observed

Unlock our award-winning research insights

Request access to learn more about our research services, or click here to register for free access to our articles and price information.

Request Access >>

By submitting this request, you will receive access information for the following modules:

"*" indicates required fields

Business email only (Gmail, Outlook, or personal emails not accepted)
Options
[ssba]