Africa > VCM Report: Diverse REDD pricing creates odd backwardation in nearby curve as CME’s N-GEO future tumbles

VCM Report: Diverse REDD pricing creates odd backwardation in nearby curve as CME’s N-GEO future tumbles

Published 17:53 on October 2, 2023  /  Last updated at 17:53 on October 2, 2023  / Paddy Gourlay /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, EMEA, International, Japan, Mexico, Middle East, Nature-based, New Zealand, South Korea, Switzerland, US, Voluntary

Nearby nature-based carbon credit futures tumbled over the past week to create backwardation between the spot and the December future, as much of the rest of the market was little changed despite relatively strong volumes.
Nearby nature-based carbon credit futures tumbled over the past week to create backwardation between the spot and the December future, as much of the rest of the market was little changed despite relatively strong volumes.


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