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  /  Asia Pacific, China  /  No Comments

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.

A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.