CN Markets: Shanghai CO2 price hits 3-month high on compliance, bullish Phase 2 outlook

Published 13:49 on June 29, 2016  /  Last updated at 13:49 on June 29, 2016  /  China, China's Pilot Markets  /  No Comments

Shanghai CO2 allowances soared to a three-month high in Wednesday trade, a day before the 2015 compliance deadline, with prices pushed up by traders expecting higher prices when Phase 2 of the city's ETS begins next month.

Shanghai CO2 allowances soared to a three-month high in Wednesday trade, a day before the 2015 compliance deadline, with prices pushed up by traders expecting higher prices when Phase 2 of the city’s ETS begins next month.

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