Xflot
Fresenius Medical Care replaces CEO Helen Giza with Shervin Korangy from October 12; US-listed shares fall nearly 7%HSBC is reported to be cutting about 70% of UK financial adviser roles in an AI push; shares fall 3.4%Frasers Group discloses an 8.8% stake in Under Armour, about 16.6 million shares worth roughly $80 millionSTOXX 600 falls about 1% to 630 by midday as France's 10-year yield climbs 12 basis points to 4.85%Dutch state moves to cut its ABN Amro stake to 10.5% from 20.7% through a share-sale plan run by BofAUK water company Pennon launches a £550 million rights issue and cuts its dividend per share by about 30%Shell lifts its third-quarter gas output guidance and puts its refining margin at $42 a barrel, up from $24Porsche plans about 20% higher prices on its top models by 2030, a break-even under 200,000 cars and 9,000 job cuts by 2035German industrial output rises 2.0% in August on a construction jump, a day after orders were reported down 10.6%Forvia and Gabriel India form a seating joint venture; Forvia holds 50% plus one share and aims at about 10% of India's market
ECB deposit rate 2.50%Euro area 10-year 3.39%Bank of England 3.75%Official rates →

Europe · Business news · Policy & Regulation · 05 Oct 2026

EU sets third-quarter CBAM certificate price at €82.32 a tonne of CO₂, up from €75.28 in the second quarter

EU Materials Industrials Utilities

What happened

The European Commission has published the reference price of Carbon Border Adjustment Mechanism certificates for the third quarter of 2026: €82.32 per tonne of CO₂, against €75.36 for the first quarter and €75.28 for the second. For 2026 the price is the quarterly average of EU ETS auction prices; from 2027 it is to be published weekly. Certificate purchases by importers of covered goods start in February 2027 and cover their 2026 imports. The fourth-quarter price is due on 4 January 2027. In September the European Parliament backed extending CBAM to steel-intensive products and voted to remove a clause allowing temporary exemptions in a price shock.

Why it matters for listed companies

The certificate price is what importers of steel, aluminium, cement, fertiliser and other covered goods owe per tonne of embedded emissions, so it sets the cost gap between imported and EU-made material. European producers pay the equivalent carbon price through the ETS, which is why the two move together; a higher quarter raises costs on both sides of the border. Listed distributors, carmakers, machinery makers and builders that buy imported steel and aluminium carry the charge in purchase costs for 2026 volumes, with the cash payment falling due in 2027.

Reported by GMK Center — “The European Commission has announced the price of CBAM certificates for Q3 2026” ↗ on 05 Oct 2026.

Rates and currencies since this was reported

Official series on 05 Oct 2026 or the last day before it, and the latest observation.

ECB deposit facility rate
2.50% → 2.50% unchanged
05 Oct 2026 → 16 Oct 2026 · European Central Bank
Euro area 10-year yield (AAA)
3.50% → 3.39% -11 bp
05 Oct 2026 → 15 Oct 2026 · European Central Bank
Euro in US dollars
1.1204 → 1.1253 +0.0049
05 Oct 2026 → 16 Oct 2026 · ECB reference rate
Euro in pounds sterling
0.8472 → 0.8438 -0.0033
05 Oct 2026 → 16 Oct 2026 · ECB reference rate
These figures are measured, not attributed. Prices and rates move for many reasons at once; they show what happened after this story, not that the story caused it. Nothing here is a recommendation to buy, sell or hold.

More on Materials

All European business stories · Every market · What changed today

Free · one email a day

Market briefs, by country

Pick the markets you follow. Each morning: what changed, in figures — never a tip.

Markets

Free. We email a link to confirm — nothing is sent until you click it. Every brief has a one-click unsubscribe that deletes your record. Data, not advice: XDQ Labs is not registered with SEBI, the US SEC, FINRA or any European regulator. GMP is unofficial. Privacy. Sent daily at 08:15 India time.