CN Markets: Chongqing prices, volumes spike despite unknown compliance requirements

Published 15:56 on August 3, 2017  /  Last updated at 15:56 on August 3, 2017  /  China, China's Pilot Markets  /  No Comments

The normally dormant Chongqing emissions market saw more transactions than all the other pilot markets combined on Thursday, as prices for the cheap local allowances rose some 20% despite traders remaining in the dark regarding 2016 compliance.

The normally dormant Chongqing emissions market saw more transactions than all the other pilot markets combined on Thursday, as prices for the cheap local allowances rose some 20% despite traders remaining in the dark regarding 2016 compliance.

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