欧盟碳市场行情简报（2026年第53期）-20260327

1. Report Industry Investment Rating - Not provided in the given content 2. Core View of the Report - The EU carbon market is affected by increased supply expectations, causing EUA to turn down. The EUA futures settlement price decreased by 0.67% to 70.74 euros/ton, with a trading volume of 36,200 lots (an increase of 0.65) [1]. 3. Summary by Relevant Catalog Market Quotes - Primary Market: The auction price and bid - cover ratio are not available [1]. - Secondary Market: The EUA futures settlement price is 70.74 euros/ton, down 0.67%, and the trading volume is 36,200 lots (an increase of 0.65) [1]. Strategy - The signal strength is 0 (0 means empty position, ±1 means slightly long/short, ±2 means long/short) [1]. Logic - Positive Factors: Germany hopes to significantly reduce its dependence on fossil fuel imports and narrow the climate gap [1]. - Negative Factors: (1) The latest CoT report shows that investment funds' net long positions decreased by 6.24 million tons; (2) The EU plans to announce measures next week to keep EUAs that would otherwise be cancelled in the market to suppress a sharp rise in carbon prices [2]. Other Information - The cease - fire clues have reduced the risk premium, and the TTF price has declined but remains at a high level [3]. Market Data Charts - EUA Auction Information: Data on EUA auction volume, price, CBAM certificate price, auction revenue, and bid - cover ratio from March 24 - 25, 2026 are presented [3]. - EUA Auction Price and Bid - Cover Ratio Seasonal Charts: Show the seasonal trends of EUA auction prices and bid - cover ratios from 2022 - 2026 [3]. - EUA Futures and Spot Market Information: Include data on futures and spot settlement prices, trading volumes, and their changes from March 24 - 25, 2026, as well as information on container shipping carbon costs [3]. - EUA Futures and Spot Prices and Basis Chart: Displays the relationship between EUA futures and spot prices and their basis [3]. - December Contract Position Seasonal Chart: Shows the seasonal positions of December contracts from 2023 - 2027 [3].