SK Market: Korean auction fails to sell out, settles well below secondary market

Published 11:10 on December 8, 2021  /  Last updated at 11:10 on December 8, 2021  /  Asia Pacific, South Korea  /  No Comments

South Korea on Wednesday sold around 80% of the carbon allowances on offer at its monthly auction, with government officials setting the clearing price below the lowest bid at a 6% discount to the secondary market.

South Korea on Wednesday sold around 80% of the carbon allowances on offer at its monthly auction, with government officials setting the clearing price below the lowest bid at a 6% discount to the secondary market.

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