欧盟碳市场行情简报（2026年第17期）-20260129

Report Summary 1. Report Industry Investment Rating The document does not mention the industry investment rating. 2. Core View The EU carbon market is facing a high-level decline in EUA due to lingering tariff concerns. The first-level auction price and second-level EUA futures settlement price both decreased, and the market is affected by potential events such as the European Parliament's review of the EU - US trade agreement and the plan to increase North Sea turbine deployment [2]. 3. Summary by Related Catalogs Market Conditions - First-level: The auction price was 86.4 euros/ton, a decrease of 1.27%, and the bid coverage ratio was 1.48 [2]. - Second-level: The EUA futures settlement price was 87.13 euros/ton, a decrease of 1.44%, and the trading volume was 37,000 lots, an increase of 0.93 [2]. - The EUA spot settlement price was 85.23 euros/ton, a decrease of 1.42%, and the trading volume was 1,799 lots, a decrease of 4,767 lots [3]. Strategy - There are no new bullish or bearish factors [2]. Core Logic - The European Parliament will re - examine the EU - US trade agreement next week [2]. - Europe has agreed to significantly increase the deployment of North Sea turbines, aiming to reach 100 gigawatts by 2050 [2].