California Carbon Allowances (CCA) remained stable throughout the week with not much price volatility and lower volumes transacted compared to healthy volumes last week. At the beginning of the week prices remained unchanged for most deliveries with the exception of a few future deliveries. The following day prices dropped 2-cents on the forward curve however front (V18 Apr18) still remain unchanged trading at US$ 14.68. About 850,000 tons of volume were traded in that delivery. The week rounded up with prices dipping a further 2-cents on average. Unlike most deliveries front (V18 Apr18) only dropped a cent and remained that way until the end of the week. No additional volumes were transacted for the rest of the week. As of Friday (04/06), front (V18 Apr18) is trading at US$ 14.67 and benchmark (V18 Dec18) is at US$ 15.04. That is 1-cent weekly drop for front while benchmark lost 4-cents on the curve over a week. CaliforniaCarbon.Info’s price tracker below shows the price movement for front delivery in the past week.
For more information on the methodology used in computing price data, please visit our website.
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