Asia Pacific > Guangdong’s 2nd 2016 auction oversubscribed, settles above price floor

Guangdong’s 2nd 2016 auction oversubscribed, settles above price floor

Published 08:58 on January 4, 2017  /  Last updated at 23:09 on January 4, 2017  / Kathy Chen /  Asia Pacific, China

Guangdong’s second quarterly carbon auction of the 2016 trading year settled at 15 yuan ($2.16) on Wednesday, with the 500,000 allowances on offer nearly four times oversubscribed as investors scrambled for fresh supply.
Guangdong’s second quarterly carbon auction of the 2016 trading year settled at 15 yuan ($2.16) on Wednesday, with the 500,000 allowances on offer nearly four times oversubscribed as investors scrambled for fresh supply.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.