MPI 07/24/98
Cantor Environmental Brokerage
One World Trade Center, New York, NY 10048 * Phone (212) 938-4250; 1-800-228-2955
* Fax (212) 938-4252
SO2 Allowance Price Indications
View Market Price
Index Guidelines
CANTOR FITZGERALD MARKET PRICE INDEX: . . . $197.00
(Call 212 938-4250 or 800-228-2955 ext 5 for description)
|
Bids |
Offers |
Trades |
MPI |
| Price/Volume |
5,000 @ |
$194.00
======== |
5,000 @ |
$202.00
======== |
not listed
============ |
|
| Weighted Average |
|
$194.00 |
|
$202.00 |
$195.00 |
$197.00 |
|
* Bid and offer for vintage 1998 allowances.
Immediate Settlement:
|
Period of Stream |
Best Prices ($/Allowance) |
Maximum Volume |
|
| Term |
Start |
|
End |
Bid to Buy |
Offer to Sell |
Bid |
Offered |
|
1 year
1 year
1 year
1 year
1 year
1 year
1 year
1 year
15 Years |
1998
1999
2000
2001
2002
2003
2004
2005
2010 |
through |
2024 |
$194.00
$192.56
$191.60
$191.13
$190.20
$188.81
$187.44
$186.09
$35.00 |
$202.00
$85.00 |
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
500 |
5,000
500 |
Allowances
Allowances
Allowances
Allowances
Allowances
Allowances
Allowances
Allowances
Allowances/yr |
|
Swaps:
| |
1999 |
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Offer |
0.75% |
1.25% |
1.50% |
2.00% |
2.75% |
3.50% |
4.25% |
5.00% |
6.00% |
|
| DISCLAIMER: ALL PRICES ARE MERELY INDICATIONS
OF INTEREST, DO NOT REPRESENT FIRM BIDS AND OFFERS AND THEIR TERMS
ARE SUBJECT TO CHANGE WITHOUT NOTICE. THE ABILITY TO EFFECT TRANSFER
OF ALLOWANCES IS SUBJECT TO THE FINAL PROCEDURES GOVERNING THE TRANSFER
OF ALLOWANCES WITHIN THE ENVIRONMENTAL PROTECTION AGENCY'S ALLOWANCE
TRACKING SYSTEM AND CANTOR FITZGERALD'S POLICIES AND PROCEDURES IN
EFFECT FROM TIME TO TIME. |
Market Beat...
The Cantor Fitzgerald Monthly Price Index moved up $7.81 to establish an
all time high of $197.00 in July, an increase of 4.13% from June. The depth
of summer doldroms were felt during the month of July.. While some participants
still hope for a price correction, few players managed to produce little
activities in the SO2 market. The last trade was recorded at an all time
high of $197.00.
As always Cantor Fitzgerald does not trade for its own
account. All allowances purchased in the auction or traded in the open
market are for our clients. It is Cantor’s policy to keep the identity
of our clients and their positions in the market in strict confidence.
Greenhouse Gas Offsets and OPTIONS on Offsets Available
!!!
Cantor Environmental Brokerage has assembled a portfolio of high quality offsets
derived from a variety of sources. Prices range from $0.17 to $0.50
per ton of CO2 equivalent. Flexible payment terms, including Options
on offsets are available.
For details call Jason Boseck at 212-938-4250 or 800-228-2955
ext. 5
|
Cantor Environmental Brokerage Serves All Your Air Credit Trading Needs...
In addition to brokering Title IV SO2 emission allowances, Cantor Environmental Brokerage is the leading broker of Title I air credits (NOx, SOx, VOC, CO, PM10).
In addition, we execute market assessment studies, and provide a complete
array of services needed by companies wishing to take full advantage of
their air credit market opportunities.
Cantor Environmental Brokerage Staff and Phone Numbers...
| Carlton Bartels, Managing Director |
New York |
direct phone line |
212-938-4250 |
| Josh Margolis, Senior Vice President |
San Francisco |
direct phone line |
415-296-9359 |
| Robin Langdon, Vice President |
San Francisco |
direct phone line |
415-296-9495 |
| Andrew Kruger, Vice President |
Stamford, CT |
direct phone line |
203-316-4036 |
| Christine Grandstaff, Associate |
Los Angeles |
direct phone line |
949-597-0517 |
| Jude Moussa, Associate |
New York |
direct phone line |
212-938-4250 |
| Jason Boseck, Associate |
New York |
direct phone line |
212-938-4250 |
Questions/Comments? E-mail Cantor Environmental Brokerage@cantor.com
|
