欧盟碳价稳居80欧元关口，配额拍卖市场需求稳健

Core Insights - The European Union successfully auctioned 3.268 million tons of spot carbon allowances at a price of €81.16 per ton, indicating stable demand in the carbon market [1] - The auction coverage ratio was 1.68 times, reflecting ongoing interest in carbon allowances [2] - Recent historical auctions show that the German auction on November 14 sold 1.691 million tons at €80.9 per ton with a coverage ratio of 2.17 times, while Poland's auction on November 12 sold 2.1625 million tons at €81.5 per ton with a coverage ratio of 1.70 times [3][4] - Current carbon prices remain stable above €80, indicating a well-functioning EU Emissions Trading System [5] - The coverage ratios of the last three auctions have consistently exceeded 1.5 times, demonstrating sustained institutional demand for carbon allowance assets [6] - The stable carbon price above €80 provides a clear price signal for European green transition projects [7] - Market participants are closely monitoring the pace of future allowance allocations, as any policy adjustments could impact the carbon price range [8]