Asia Pacific > CN Markets: Guangdong sees sharp drop in CO2 prices as investors build positions

CN Markets: Guangdong sees sharp drop in CO2 prices as investors build positions

Published 11:56 on February 9, 2017  /  Last updated at 17:17 on February 9, 2017  / Kathy Chen /  Asia Pacific, China

Prices in the Guangdong emissions trading scheme have fallen by the maximum 10% for three days this week, followed by a further 8% dip on Thursday in what traders say is a move by some institutional investors aiming to build market positions at lower price levels.
Prices in the Guangdong emissions trading scheme have fallen by the maximum 10% for three days this week, followed by a further 8% dip on Thursday in what traders say is a move by some institutional investors aiming to build market positions at lower price levels.


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