Asia Pacific > Shanghai, Tianjin auctions clear at floor price, but demand surprises

Shanghai, Tianjin auctions clear at floor price, but demand surprises

Published 13:14 on August 28, 2020  /  Last updated at 22:33 on August 28, 2020  / Stian Reklev /  Asia Pacific, China

Allowance auctions in Shanghai and Tianjin on Friday both cleared at their price floors near the secondary market, with the Shanghai sale reversing failures in previous years to go over-subscribed.
Allowance auctions in Shanghai and Tianjin on Friday both cleared at their price floors near the secondary market, with the Shanghai sale reversing failures in previous years to go over-subscribed.


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.