PREVIEW: Speculative-fuelled CCA rises lead traders to foresee large Q2 WCI auction discount

Published 22:57 on May 18, 2021  /  Last updated at 22:57 on May 18, 2021  /  Americas, Canada, US  /  No Comments

Traders anticipate a steep discount to occur at the May 19 quarterly WCI auction, as California Carbon Allowance (CCA) prices have surged to near all-time highs on the secondary market this spring amid a wave of speculative interest.

Traders anticipate a steep discount to occur at the May 19 quarterly WCI auction, as California Carbon Allowance (CCA) prices have surged to near all-time highs on the secondary market this spring amid a wave of speculative interest.

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