Asia Pacific > Tianjin pre-compliance carbon auction clears at floor price

Tianjin pre-compliance carbon auction clears at floor price

Published 12:32 on June 29, 2021  /  Last updated at 12:32 on June 29, 2021  / Stian Reklev /  Asia Pacific, China

The Tianjin municipal government on Tuesday sold a little more than half of the 1.5 million CO2 allowances on offer at its pre-compliance auction, with the sale clearing at the price floor, some 4.5% above the trading price in the secondary market.
The Tianjin municipal government on Tuesday sold a little more than half of the 1.5 million CO2 allowances on offer at its pre-compliance auction, with the sale clearing at the price floor, some 4.5% above the trading price in the secondary market.


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