Asia Pacific > SK Market: Monthly KAU auction fully subscribed for the first time in 18 months after govt slashes volume

SK Market: Monthly KAU auction fully subscribed for the first time in 18 months after govt slashes volume

Published 09:05 on March 13, 2024  /  Last updated at 09:05 on March 13, 2024  / Chia-Erh Kuo /  Asia Pacific, South Korea

South Korea's monthly CO2 permit auction on Wednesday was overbid after the government's recently introduced flexible mechanism allowed volumes to be slashed, though the demand outlook remains blurry given persistent regulatory uncertainty.
South Korea's monthly CO2 permit auction on Wednesday was overbid after the government's recently introduced flexible mechanism allowed volumes to be slashed, though the demand outlook remains blurry given persistent regulatory uncertainty.


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