WCI Markets: CCA prices gain momentum on wide intraday range

Published 05:11 on August 2, 2024  /  Last updated at 05:11 on August 2, 2024  / Bijeta Lamichhane /  Americas, US

California Carbon Allowance (CCA) prices plunged to year-to-date lows before rebounding on Wednesday, with a surge in volatility that brought intraday spreads up to more than $2 in the absence of a catalyst to signal market direction.
California Carbon Allowance (CCA) prices plunged to year-to-date lows before rebounding on Wednesday, with a surge in volatility that brought intraday spreads up to more than $2 in the absence of a catalyst to signal market direction.


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