SUBSCRIBER NOTE: CER volume size change

Following a period of consultation, Platts has decided to amend its specifications for the trading volume for United Nations Certified Emission Reductions used in its daily price assessments for the CER forward market.

In light of a decline in liquidity in CER markets, and to harmonize the assessment methodology with that for EU Allowance price assessments, Platts has decided to reduce the minimum trade size for CERs in its price assessments from 25,000 mt to 10,000 mt and to maintain the existing maximum trade size of 100,000 mt, effective March 9.