CN Markets: Hubei CO2 price drops to all-time low on supply rush

Published 10:16 on July 13, 2016  /  Last updated at 15:35 on July 13, 2016  /  China, China's Pilot Markets  /  No Comments

Prices in Hubei’s CO2 emissions trading scheme fell 10% on Wednesday to new record lows as long companies brought fresh batches of supply to market in anticipation that the government has mostly finalised adjustments to 2015 free allocations.

Prices in Hubei’s CO2 emissions trading scheme fell 10% on Wednesday to new record lows as long companies brought fresh batches of supply to market in anticipation that the government has mostly finalised adjustments to 2015 free allocations.

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