PREVIEW: Market expects record RGGI Q2 auction clear, but still at discount to front-month futures

Published 00:13 on June 5, 2024  /  Last updated at 00:13 on June 5, 2024  / Graham Gibson /  Americas, US

Market participants expect the second RGGI auction of the year to set another historic clearance price, albeit at a discount to secondary market valuations, with many traders projecting a wide range of outcomes in light of regulatory uncertainty in the market.
Market participants expect the second RGGI auction of the year to set another historic clearance price, albeit at a discount to secondary market valuations, with many traders projecting a wide range of outcomes in light of regulatory uncertainty in the market.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.