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  / Joan Pinto /  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.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.