SK Market: Korean auction clears below secondary market amid lacklustre demand

Published 10:04 on January 11, 2023  /  Last updated at 10:06 on January 11, 2023  /  Asia Pacific, South Korea  /  No Comments

South Korea sold just over 60% of the allowances on offer at Wednesday’s monthly carbon sale with the clearing price reaching a new low, as the current economic slump and allowance surplus continue to weigh on market sentiment.

South Korea sold just over 60% of the allowances on offer at Wednesday’s monthly carbon sale with the clearing price reaching a new low, as the current economic slump and allowance surplus continue to weigh on market sentiment.

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