Continuous Clean Air Auction NOx Budget Market Bulletin and Market Price Indices
January 20, 1999
 

BIDS TO BUY >50 tons 1999 @ $4,200/ton
>50 tons 1999 @ $3,600/ton
>100 tons 1999 @ $3,250/ton
30 tons 1999 @ $3,050
>100 tons 1999 @ $3,000/ton
>500 tons 1999 @ $3,000/ton
500 tons 1999 @ $2,700/ton
300 tons 1999 @ $2,600/ton
100 tons 1999 @ $2,600/ton
200 tons 1999 @ $2,400/ton
OFFERS TO SELL 1999:   50 tons @ $5,300/ton
RECENT TRADE PRICES $4,900/ton (1999s)
$3,100/ton (1999 - 2002s)
$4,200/ton (1999 - 2000s)
$5,000/ton (1999s)
$2,900/ton (1999-2000s)
$4,600/ton (1999s)
$2,680/ton (1999 - 2002s)
$4,400/ton (1999s)
$3,900/ton (1999s)

in chronological order
MARKET PRICE INDEX 1999 = $4,711/ton     up $1,256

1999-2002= $2,893/ton     up $455

The Market Price Index (MPI) is derived by averaging the
Best Bid, Best Offer, and Most Recent Trades.

PUTS AND CALLS Buy Call:   200 tons/year of 2000-2002 Terms Negotiable

Buy Call:   500 tons/year of 1999 @ up to $2,800/ton
10-20% premium, delivery during Summmer 1999

NOx NEWS:

1)   New York announces that it expects to have its NOx rule fully promulgated on or about February 22, 1999

NOTE: CF Cantor Environmental Brokerage never trades on our own account -- NOx EAs in our general account are held in confidence at the request of our clients.

How is the MPI Derived? The MPI, in $/ton, is derived by averaging the following:
1) the Best Bid - the highest price at which a buyer is willing to purchase at least 5 tons of NOx Allowances.
2) the Best Offer - the lowest price at which a seller is willing to sell at least 5 tons of NOx Allowances.
3) the Most Recent Trade - the price(s) at which NOx Allowances have been agreed to be transacted (NOTE: NOx Allowances have not yet been placed in Budget Sources' NATS Accounts, and thus trades cannot yet be "transacted". Until such time, the "Most Recent Trade" represents buyer(s) and seller(s) agreement(s) on price).

Questions? Like to Place an Order? Consider a Swap?
Call Us at (800) 228-2955 (x6)

Trade With the Cantor Environmental Brokerage Market Experts
Cantor Environmental Brokerage has Facilitated over $1 Billion Allowance, ERC, DER, & RTC Trades

Call (800) 228-2955 or visit our Market Price Index and Trading Services Section For Prices, Quantities, and More Information about RTCs, ERCs, Title IV SO2 Allowances, Sewerage Facilities Charge Credits, and Greenhouse Gas Credits


© 2002 Cantor Environmental Brokerage, L.P., All Rights Reserved.
Hosted by
Developed by