Brazilian CBIO prices hit lowest level in Platts series
Platts assessed the Brazilian Decarbonization Credit, or CBIO, at the lowest level in its historical series June 2, at Real 24/metric ton of CO2 equivalent. The series dates back to June 3, 2024, with the previous low on Dec. 16, 2025, at Real 24.5/mt. The move followed a preliminary injunction issued May 27 by Brazil’s federal audit court, the TCU, suspending the effects of administrativePlatts assessed the Brazilian Decarbonization Credit, or CBIO, at the lowest level in its historical series June 2, at Real 24/metric ton of CO2 equivalent. The series dates back to June 3, 2024, with the previous low on Dec. 16, 2025, at Real 24.5/mt. The move followed a preliminary injunction issued May 27 by Brazil’s federal audit court, the TCU, suspending the effects of administrativeRead More