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ACCU Market Monthly Update - March 2026

ACCU Market Monthly Update - March 2026

This update provides an overview of the month’s Australian Carbon Credit Unit (ACCU) market activity, along with key developments and milestones.

Updated
April 8, 2026
Published
April 8, 2026
ACCU Market Monthly Update - March 2026

Highlights from the ACCU Market Monthly Update for March 2026

  • Subdued conditions persisted through March, marking a soft conclusion to the compliance period.
  • Total volumes across ACCU and SMC eased to 1.95 million units (down from ~2.5 million in January and February), supporting the view compliance demand was more evenly distributed across the 2025–26 cycle.
  • Generic spot ACCUs traded rangebound, with the market hitting $36.90 (12 Mar) before closing $36.30 (up $0.05 m/m).
  • SMC activity remained elevated (though below February’s highs) and pricing continued to track closely with ACCUs, reflecting growing integration of SMCs into compliance strategies.
  • With surrender now largely complete, attention is shifting to forthcoming Safeguard liability data from the Clean Energy Regulator as a potential near-term catalyst.

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ACCU Market Monthly Update - March 2026

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