SK Market: Korean CO2 auction clears below market amid low interest

Published 10:06 on June 12, 2019  /  Last updated at 10:06 on June 12, 2019  / Stian Reklev /  Asia Pacific, South Korea

South Korea sold out all allowances on offer in Wednesday’s auction, but the sale cleared 1.3% below the secondary market as only five companies submitted bids.
South Korea sold out all allowances on offer in Wednesday’s auction, but the sale cleared 1.3% below the secondary market as only five companies submitted bids.


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.