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Carbon price and recent movements in international Market. An analysis and implication for #Ekienergy
1. I will focus more on voluntary carbon market in this thread. The voluntary carbon market (nature based offset) is fallen more than 71% YTD.
The catch : In last few days it witnessed a sudden spike in the Carbon prices. Price has peen up by over 16%.
The catch : In last few days it witnessed a sudden spike in the Carbon prices. Price has peen up by over 16%.
2. Below chart shows a surge in the demand for nature based carbon offset and thereby current price rising to 1.29
3. European carbon EUA futures is up from 78 to now 82.86
4. Now what it means for #Ekienergy (1/2)
Eki energy a leading developer in voluntary carbon market. A price appreciation in global market will directly help gaining its sales margin and thereby increase profitability. We had seen the price of #Ekienergy fallen over 80-90%
Eki energy a leading developer in voluntary carbon market. A price appreciation in global market will directly help gaining its sales margin and thereby increase profitability. We had seen the price of #Ekienergy fallen over 80-90%
5. What it means for #Ekienergy (2/2)
The primary cause of price fall was due to 70% down of global voluntary carbon market, resulting lower margin and profitability in last quarters. The 2nd reason was auditor remark on its revenue recognition for community based projects.
The primary cause of price fall was due to 70% down of global voluntary carbon market, resulting lower margin and profitability in last quarters. The 2nd reason was auditor remark on its revenue recognition for community based projects.
6. Looking ahead #Ekienergy
Ekienergy will benefit from the positive price movement seen in global VCM (Voluntary Carbon Market). However, the global VCM needs to go back to its original level in order to see a significant jump or recovery in Ekienergy.
Ekienergy will benefit from the positive price movement seen in global VCM (Voluntary Carbon Market). However, the global VCM needs to go back to its original level in order to see a significant jump or recovery in Ekienergy.
7. Things to watch out for: Two things
1 - Price movement in global VCM
2 - EKI’s annual audited report which the current auditor doing and re-audit of 1st two quarters. Hope to be out soon.
If you like the thread, please retweet, like and comment Thanks for reading. 🙏
1 - Price movement in global VCM
2 - EKI’s annual audited report which the current auditor doing and re-audit of 1st two quarters. Hope to be out soon.
If you like the thread, please retweet, like and comment Thanks for reading. 🙏
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