Americas > WCI Markets: CCAs find support, reversing five-day plunge close to March lows

WCI Markets: CCAs find support, reversing five-day plunge close to March lows

Published 02:52 on June 7, 2024  /  Last updated at 02:52 on June 7, 2024  / Bijeta Lamichhane /  Americas, Canada, US

California Carbon Allowance (CCA) prices in the secondary market reversed course late Thursday after a week of sliding toward March lows on high ICE futures and options volume exacerbating the technical sell-off, market participants said, while Washington Carbon Allowances (WCA) declined heading into the second quarterly permit sale.
California Carbon Allowance (CCA) prices in the secondary market reversed course late Thursday after a week of sliding toward March lows on high ICE futures and options volume exacerbating the technical sell-off, market participants said, while Washington Carbon Allowances (WCA) declined heading into the second quarterly permit sale.


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