Asia Pacific > Shanghai carbon auction attracts few bids, clears at floor price

Shanghai carbon auction attracts few bids, clears at floor price

Published 13:46 on June 30, 2017  /  Last updated at 17:51 on June 30, 2017  / Kathy Chen /  Asia Pacific, China

Shanghai's carbon auction was vastly under-subscribed as expected on Friday after regulators set a minimum price floor well above the secondary market, in what was the last opportunity to cover 2016 compliance.
Shanghai's carbon auction was vastly under-subscribed as expected on Friday after regulators set a minimum price floor well above the secondary market, in what was the last opportunity to cover 2016 compliance.


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