欧盟碳市场行情简报(2026年第25期)-20260210

Report Summary 1. Report's Industry Investment Rating - Not provided in the content 2. Core View of the Report - The EUA has stopped falling and is currently stable due to a lack of positive factors. The EU ETS founder's statement about providing more free allowances for low - carbon technology investment is a negative factor, preventing a sharp increase in carbon prices [1] 3. Summary by Related Catalogs Latest Market Conditions - Primary Market: The auction price is 77.23 euros/ton, a 4.12% decline, and the bid - to - cover ratio is 2.5 [1] - Secondary Market: The EUA futures settlement price is 78.73 euros/ton, a 0.68% increase, with a trading volume of 69,800 lots, a 0.19 decrease [1] Strategy - The signal strength is 0 (0 means empty position, ±1 means slightly long/short, ±2 means long/short). There are no new positive factors, and the negative factor is that the EU ETS founder suggests providing more free allowances for low - carbon technology investment to prevent a sharp rise in carbon prices [1] Other Information - The US announced new oil sanctions on Iran after the end of the negotiation, and the European Commission announced the 20th round of sanctions against Russia on Friday, including the first use of its anti - circumvention tool to limit exports to high - risk regions to reduce the risk of exports to Moscow [1][2] Market Data Tables and Graphs - Auction Information Table: It shows the EUA auction volume, CBAM certificate price, EUA auction price, auction revenue, and bid - to - cover ratio on February 5 and February 6, 2026 [2] - Auction Price and Bid - to - Cover Ratio Seasonal Graphs: Display the seasonal trends of EUA auction price and bid - to - cover ratio [2][3] - EUA Futures and Spot Market Information Table: Presents the futures and spot market information of EUA on February 5 and February 6, 2026, including futures settlement price, trading volume, open interest, and spot settlement price, trading volume [3] - EUA Futures and Spot Price and Basis Graph: Shows the EUA futures and spot prices and their basis [3] - December Contract Open Interest Seasonal Graph: Displays the seasonal trend of the December contract open interest [3]