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  /  China, China's Offset Market, China's Pilot Markets  /  No Comments

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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