Industry Investment Rating - Short-term bearish, medium-term oscillating, with a range of €67 - 76 [1] Core Viewpoints - The rise of European stock markets has led to a recovery in EUA prices. There are both positive and negative factors affecting the market. Positive factors include the easing of the Middle East conflict and the collective rise of European stocks. Negative factors include the weakening of the energy fundamentals due to Iran's acceptance of the US - proposed cease - fire plan with Israel, the sharp drop in crude oil and TTF, and the agreement between EU member states and the European Parliament to relax gas storage regulations [1] Summary by Related Content EUA Auction Information - On June 24, 2025, the EUA auction price was 72.91 euros/ton, the CBAM certificate price was 73.72 euros/ton, the auction volume was 324,550 tons, the bid coverage ratio was 1.32, and the auction revenue was 23,663,000 euros. On June 23, 2025, the EUA auction price was 72.00 euros/ton, the CBAM certificate price was 73.11 euros/ton, the auction volume was 324,550 tons, the bid coverage ratio was 1.43, and the auction revenue was 23,368,000 euros [2] EUA Futures and Spot Market - On June 24, 2025, the EUA futures settlement price was 73.54 euros/ton, up 0.37%, with a trading volume of 38,600 lots, up 1.20. The spot settlement price was 72.67 euros/ton, up 0.40%, and the spot trading volume was 8,029 lots. The container shipping carbon cost was 12.50 US dollars/TEU, with a freight - cost ratio increase of 0.68% [3]
欧盟碳市场行情简报(2025年第108期)-20250626
Guo Tai Jun An Qi Huo·2025-06-26 10:02