Guangdong’s 2nd 2016 auction oversubscribed, settles above price floor

Published 08:58 on January 4, 2017  /  Last updated at 23:09 on January 4, 2017  / /  Asia Pacific, China

Guangdong’s second quarterly carbon auction of the 2016 trading year settled at 15 yuan ($2.16) on Wednesday, with the 500,000 allowances on offer nearly four times oversubscribed as investors scrambled for fresh supply.
Guangdong’s second quarterly carbon auction of the 2016 trading year settled at 15 yuan ($2.16) on Wednesday, with the 500,000 allowances on offer nearly four times oversubscribed as investors scrambled for fresh supply.


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