Yesterday, the European carbon market experienced a strong rebound, with the EUA Dec’25 contract climbing 3.44% to settle at €73.08—the highest closing level since June 24. Trading activity also saw a notable increase, with 32 million allowances exchanged, a volume not seen in the past five weeks.
On Monday, the European Energy Exchange (EEX) published the revised 2025 auction calendar along with the newly introduced 2026 schedule. The update reflects adjusted volumes due to reductions by the Market Stability Reserve (MSR), based on the 2024 Total Number of Allowances in Circulation (TNAC), released by the European Commission in May.
The European carbon market rose for a third consecutive day on Friday, with the EUA Dec ’25 contract closing at €71.34, marking an impressive weekly gain of 2.07% as trade tensions showed signs of easing. Trading activity was subdued, with only 17.4 million allowances exchanged—the lowest volume since the U.S. Independence Day holiday on July […]
The European carbon market had a strong start on Thursday morning, responding bullishly to news that the EU is making progress in trade negotiations with the US. However, as ClearBlue Markets noted, “the morning rally on tariff deal optimism was proven to be short-lived,” with EUAs slipping back below €70” in the afternoon.
After five straight days of losses, the European carbon market rebounded on Wednesday, driven by news late Tuesday of a trade agreement between the US and Japan, followed by reports suggesting a similar deal with the EU is in progress.
Speculative investors have slightly reduced their net long positions in carbon allowances for the third consecutive week as of last Friday. Bullish bets totaled 14.93 million allowances—the lowest level since early May—according to the latest Commitment of Traders report released by ICE Exchange.
The European carbon market extended its decline on Monday, marking the fourth consecutive session of losses. The EUA December 2025 contract ended the day at €69.83, its lowest close of the month so far.
On Friday, the European carbon market dipped below €70 for the first time this month, breaking through resistance after several failed attempts, in line with a broader decline in European energy-related markets.
Ten analysts surveyed by Reuters have slightly lowered their price forecast for the European carbon market in the third quarter of this year. EUAs are now expected to average €73.54, down from €76.10 projected in April.
The week opened with falling prices on the European carbon market, as EUAs initially reacted to President Trump’s announcement of new 30% tariffs on EU imports set to take effect next month. However, the market quickly recovered early losses, likely driven by increased compliance demand, before closing the day at €70.42, down just €0.13 from […]