Asia Pacific > CN Markets: Shanghai sets auction price floor above secondary market level

CN Markets: Shanghai sets auction price floor above secondary market level

Published 12:14 on June 29, 2017  /  Last updated at 13:22 on June 29, 2017  / Stian Reklev /  Asia Pacific, China

The Shanghai Energy and Environment Exchange on Thursday announced the price floor for Friday’s auction of 2 million allowances, setting the minimum bid level 6.6% above the secondary market closing price.
The Shanghai Energy and Environment Exchange on Thursday announced the price floor for Friday’s auction of 2 million allowances, setting the minimum bid level 6.6% above the secondary market closing price.


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