Americas > PREVIEW: Traders express broad consensus for RGGI Q2 auction to clear above $13 with pick-up in speculative interest

PREVIEW: Traders express broad consensus for RGGI Q2 auction to clear above $13 with pick-up in speculative interest

Published 22:09 on June 6, 2023  /  Last updated at 22:33 on June 6, 2023  / /  Americas, US

RGGI market participants consistently agreed that the June auction will clear above $13 despite a pre-auction slide in allowance values in the secondary market, given the narrow range that prices had moved through since the March sale and a build-up of supportive speculative interest.
RGGI market participants consistently agreed that the June auction will clear above $13 despite a pre-auction slide in allowance values in the secondary market, given the narrow range that prices had moved through since the March sale and a build-up of supportive speculative interest.


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