SK Market: KAUs extend losses as reality of market fundamentals dawns

Published 12:45 on July 7, 2020  /  Last updated at 23:31 on July 7, 2020  /  Asia Pacific, South Korea  /  No Comments

Carbon permits in South Korea’s emissions trading scheme saw a fourth consecutive session of losses on Tuesday as traders increasingly realise the COVID-19 driven economic downturn means the market will be oversupplied for the foreseeable future.

Carbon permits in South Korea’s emissions trading scheme saw a fourth consecutive session of losses on Tuesday as traders increasingly realise the COVID-19 driven economic downturn means the market will be oversupplied for the foreseeable future.

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