Americas > WCI Markets: CCAs decline amid heavy spread trading, WCAs hit 7-mth low beneath reserve sale trigger

WCI Markets: CCAs decline amid heavy spread trading, WCAs hit 7-mth low beneath reserve sale trigger

Published 23:04 on October 12, 2023  /  Last updated at 23:04 on October 12, 2023  / Allison Gacad /  Americas, Canada, US

California Carbon Allowance (CCA) prices sagged to a six-week low in recent days as bearish macroeconomic factors intertwined with “roll season”, while Washington Carbon Allowance (WCA) values sank as traders questioned the upcoming November Allowance Price Containment Reserve sale and state’s WCI linkage potential.
California Carbon Allowance (CCA) prices sagged to a six-week low in recent days as bearish macroeconomic factors intertwined with “roll season”, while Washington Carbon Allowance (WCA) values sank as traders questioned the upcoming November Allowance Price Containment Reserve sale and state’s WCI linkage potential.


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