NA Markets: California allowances hit two-year high ahead of May WCI auction

Published 22:44 on May 14, 2021  /  Last updated at 22:44 on May 14, 2021  /  Americas, Canada, US  /  No Comments

California Carbon Allowance (CCA) prices surged to new highs on Friday afternoon ahead of the May WCI auction next week, with traders pointing to increased speculative interest being the primary driver on the secondary market.

California Carbon Allowance (CCA) prices surged to new highs on Friday afternoon ahead of the May WCI auction next week, with traders pointing to increased speculative interest being the primary driver on the secondary market.

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