Asia Pacific > CN Markets: Fujian steelmaker puts 4 mln more CO2 permits under custodial contracts

CN Markets: Fujian steelmaker puts 4 mln more CO2 permits under custodial contracts

Published 10:19 on May 12, 2017  /  Last updated at 13:47 on May 12, 2017  / Stian Reklev /  Asia Pacific, China

The Fujian Sanming Steel Group has signed contracts with two trading firms to handle 4 million CO2 allowances on its behalf as market participants look for profit opportunities in China’s newest regional carbon market just a month before its compliance deadline.
The Fujian Sanming Steel Group has signed contracts with two trading firms to handle 4 million CO2 allowances on its behalf as market participants look for profit opportunities in China’s newest regional carbon market just a month before its compliance deadline.


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