21 Jun 2024 | 10:53 UTC

Platts to change ACCU, NZU MOC timestamps

Platts, part of S&P Global Commodity Insights, will change the Market on Close timestamps for its Australian Carbon Credit Unit (ACCU) and New Zealand Unit (NZU) assessments to better align with the concentration of market liquidity, effective July 22, 2024.

For ACCUs, the timestamp will move to 1630 Melbourne/Sydney/Canberra time, from the current timestamp of 1930.

Platts will also change the MOC timestamp for its NZU assessment to 1830 Auckland/Wellington/Christchurch time, from 1930 at present.

Platts understands that multiple ACCU market participants are also active in the NZU market, and a similar Platts Market on Close assessment process time would be in line with existing market practices.

The change in timestamp will affect the following ACCU assessments:

Assessment Daily Symbol Monthly Symbol Currency
ACCU Generic ACCGA00 ACCGA03 AUD
ACCU HIR ACCHA00 ACCHA03 AUD
ACCU Generic No AD Differential ACGAD00 ACGAD03 AUD
ACCU Environmental Plantings ACCEP00 ACCEP03 AUD
ACCU Savanna Fire Management Indigenous ACSFI00 ACCEP03 AUD
ACCU Savanna Fire Management Non-indigenous ACSFI00 ACSNI03

AUD

The change in timestamp will affect the following NZU assessment:

Assessment Daily Code Monthly Code Currency
NZU ANZUA00 ANZUA03 NZD

These assessments are published in the Platts Carbon Markets Daily, on Platts Carbon Markets Alert and Energy Transition Alert, and in the Platts Pricing Database under the market data category ACM.

Please send any feedback or question on this decision to Platts_Carbon@spglobal.com and PriceGroup@spglobal.com

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available to the public upon request.