Analysts see limited upside potential for South Korean CO2 prices

Published 10:10 on November 4, 2020  /  Last updated at 02:19 on November 5, 2020  /  Asia Pacific, South Korea  /  No Comments

Korean CO2 allowance prices might move slightly up from current levels of 22,500 won ($19.70) during the 2020 compliance cycle, but will get nowhere near the highs seen in the first few months of this year amid sizeable oversupply, analysts said Wednesday.

Korean CO2 allowance prices might move slightly up from current levels of 22,500 won ($19.70) during the 2020 compliance cycle, but will get nowhere near the highs seen in the first few months of this year amid sizeable oversupply, analysts said Wednesday.

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