Africa > VCM Report: Value of trades falls sharply amid bargain-hunting

VCM Report: Value of trades falls sharply amid bargain-hunting

Published 20:32 on November 28, 2022  /  Last updated at 23:27 on November 28, 2022  / Paddy Gourlay /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, EMEA, Japan, Mexico, Middle East, Nature-based, New Zealand, South & Central, South Korea, US, Voluntary

Prompt carbon credit prices edged lower over the past week, but the slight moves masked a much heavier bearish step identified by data aggregator AlliedOffsets, which flagged a slide in transactional value that likely reflects bargain hunting at the expense of fresher and more expensive vintages.
Prompt carbon credit prices edged lower over the past week, but the slight moves masked a much heavier bearish step identified by data aggregator AlliedOffsets, which flagged a slide in transactional value that likely reflects bargain hunting at the expense of fresher and more expensive vintages.


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