California Carbon Allowance trades decrease as prices see a gradual increase on the forward curve. The beginning of the week, market did not see any movement in CCA prices. Following day, prices gained an average of 6-cents as intraday volatility was high, deliveries gained anywhere from 3-cents to 9-cents. Mid-week prices stood still not before reverting back to a steady increase gaining 2-cents on average on the penultimate day of the week. The week rounded-up with only front (V18 Sep18) and V18 Oct18 delivery gaining 2-cents while other deliveries stayed stationary on the forward curve. As of Friday (09/07) front is trading at USD 15.44 which is an 8-cent weekly gain while benchmark (V18 Dec18) is trading at USD 15.58 which is a 6-cent weekly gain.
For more information on the methodology used in computing price data, please visit our website.
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