Americas > PREVIEW: Traders anticipate tame Q1 WCI auction result as market awaits drivers

PREVIEW: Traders anticipate tame Q1 WCI auction result as market awaits drivers

Published 20:59 on February 14, 2023  /  Last updated at 20:59 on February 14, 2023  / /  Americas, Canada, US

The February WCI cap-and-trade auction on Wednesday is expected to settle in a relatively narrow range compared to current secondary market levels, as market participants see a lack of regulatory news and poor speculative conditions running up against smaller sale volumes and the potential start of annual deficits in California.
The February WCI cap-and-trade auction on Wednesday is expected to settle in a relatively narrow range compared to current secondary market levels, as market participants see a lack of regulatory news and poor speculative conditions running up against smaller sale volumes and the potential start of annual deficits in California.


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